SGQ 6.25% 2.6¢ st george mining limited

Ann: Thick Intercept in Deeper Drilling of Conductors, page-112

  1. 1,581 Posts.
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    Hi barny, I feel your pain. However, I don't think JP is a "typical rinse and repeat corporate monkey". I say that because he has an enormous amount of money invested in SGQ.

    I agree that his smirk was off putting in the context of the interview. In that regard, JP has repeatedly talked about monetising MA in the interest of shareholders. It is because of the repeated use of the term "monetising" over several interviews and the more recent "bolt on acquisition" comments in the context of peer interest, that I keep coming to the conclusion that he is looking to make a sale of MA at a significant price that would result in a distribution to shareholders and still enable the company to bolster its other prospects.

    AIMO of course

    Cheers
    Mulac1
 
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