No not at all the WA assets are huge of course but to monetise them would take time if we were to mine them, it’s more likely they will be sold and should easily be worth a 100 million. I think it would be worth a little more exploration which I think is happening, once sold then what? Dividend would be nice.
NT is different as there are no other producers PTN could be mining and producing gold quite quickly, producers are the ones getting rewarded at the moment. There are multiple resources in the area that could be acquired instead of all these others.
Thunderball just needs a little more exploration to update resource to realise its value for sale, and of course Hayes creek zinc and silver.
Bottom line the only way to get value out of NT is to mine it, it’s too small for the big companies and to big for the smaller companies in the area.
A modest operation could turn a solid profit and slowly pick up resources in the area to extend mine life, 1st stage gold at Fountain Head then zinc silver gold from Hayes Creek.We have the capital which is not getting any market recognition, let’s put it to work.
Banging on a bit here but I guess my opinions on your statement of something being seriously wrong is the market is not seeing an opportunity to realise any of the massive value in the company.
The company isn’t informing the market adequately of what the Long term objectives are and how that will translate to value for shareholders. Dividends from sales or production.
They are actively investing in other companies, I would rather they give me the cash and I will make my own investment decisions.No Tizard no effing idea. haha
However it’s feels like having plenty of cash in the bank and the missus out shopping with my daughter. Bitter sweet, holding and hoping they know what they’re doing.
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