Ann: Completion of Asset Acquisition from Mineral Resources Ltd, page-9

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SuzukiSamurai

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19/06/20

15:53

Post #: 45330256
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Originally posted by SaberX: ↑

Well I think it is great there is 'something' going on. What i'm not sure about is overall with RDG now "25%" of its former self, i.e. all of us now fit into 25% and Min res 75%, will we overall get more value out of developing these maganese tenements than continuing fumbling along without it?

Arguably the brothers will obviously do well out of it. Theye continue to be employed regardless of the outcome.

I guess the question is did Min res chuck these out as they are chump change worthless, or is it the more positive view that a small operator can focus sharply on executing more so than the larger projects/returns demanded by min res with its other projects? If the latter, then perhaps there is value to be had, and you would "hope" in an ideal work our ellison brother is doing this for our best sakes... which of course is theory and wishful, and we all know that that isn't how these things always pan out or work haha... not that i am implying any dirt on our esteemed ... just a 'risk' to consider.

I don't see any material movement in this yr or two, i mean how long does it take to normally get these up and running ... and now we need to start that process. Don't see us moving too far anytime soon.

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the aim is to be producing my March/April

RDG Price at posting: 2.1¢ Sentiment: Hold Disclosure: Held
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Ann: Completion of Asset Acquisition from Mineral Resources Ltd, page-9

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Ann: Completion of Asset Acquisition from Mineral Resources Ltd, page-9

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