That was always going to be the case Shady. They will never be a 'producer'
They are all about taking some ground, exploring, adding value and on selling it. I was at an AGM many years ago and that was basically the summation. In fairness, that was pre-Tony, but the rest of them were all there.
They have done it with Copernicus(nickel) , iron ore(UMC + ROY holding) and will certainly do it if they find something through the red dragon ground( I would expect)
They will keep drilling red bore until they either a) make a substantial find or B) drill it to death over many years until that they prove there is nothing under it!
Ann: Video of RIU Conference Presentation - Sydney 2016-THX.AX, page-7
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