All companies make bad decisions, the effect of those decisions is what differs, that is what risk/reward is all about. But these guys are trying hard to be first to produce and of course with tight time frames some mistakes are made. In the end look at cap cost to produce, debt and cash flow. Compare that to many other mineral producers in the Pilbara and I honestly think ARV will be miles ahead
Conglomerate Gold Conference @ the crown, page-29
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