WMG 7.69% 28.0¢ western mines group ltd

Ann: Capital Raise to Further Progress Mulga Tank, page-7

  1. 432 Posts.
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    Or they see it as another licence to print money like HCH - when a driller is a major shareholder its a huge conflict of interest. All drilling programmes should go out to tender and there should be no pressure on management to choose them. They might lose on the initial investment but it'll be a big earner long term.
 
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