IsleOfOz - It's no good you turning up here as some sort of cheerleader (paid or unpaid).....
For MMG to be investing $14 million here amounts to less than petty cash.....
It is no guarantee of anything......
Norwegian Statoil Company waited +12 month after commiting $150 million before they started exploring/drilling 3 horizontal wells in northern territories for PFC......
Net result..... when they finally got them completed was ......
Zippo!!.......
Just sitting..... Hoping ....... and waiting......
MMG's $14 million guarantees - Nothing !!!.
IF we had some positive assay results and....
IF MMG was now in the field turning those drills on the POWs that SEG currently has permitted.......
.... then I (and Mr Market) would be rather more excited than we are indicating at present......
Let's hope MMG have some rapid action plans to throw into gear on THIS side of christmas 2015 rather than some time before christmas 2016.......
GL - Oilf.
Ann: Segue and MMG Limited Enter Into Plumridge Nickel JV, page-64
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