not suggesting that Tassie isnt a good project but given the amount of money they are throwing at Waterberg for very little value reflected in the share price, they should of thrown a couple of million at Tassie to get it going as it certainly has a greater probability of getting up in the short to medium term than Waterberg
the cost of equity, particularly in speculative mining stocks is high so it does nothing but destroy value buying expensive projects at the top of the cycle and then sitting on them for years
RES Price at posting:
47.0¢ Sentiment: Hold Disclosure: Held