Hi Spec,
Yes free cash is finite and I have been a bit squeezed lately with the good friends at the ATO wanting there cut from the previous financial year … aargh. Was considering taking a new position but the solid rise in the last few days has caught me out but well done to those holding.
You know I am reasonably critical so it’s fair to say I have some reservations on the longterm planning and short term mining schedules but they are also in an enviable position with hedging, owner mining and cost mitigation strategies in play.
Interesting times in the Murchison. Hopefully everyone does well on their chosen plays.
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