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Recent Gold M&A in Australia - Big Premiums on Acquisitions, page-275

  1. 20 Posts.
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    scalper
    The old camp photo i posted was referring to the Custom Built Caravans the guy's have been living for the past few years, and my thoughts on why 5 weeks ago they bought maybe 500k worth of new dongas we transported up there and bought all those caravans home . Why would they spend so much money - A - when the have very little cash at hand? B- This late in the season when the drilling program is about wrapped up and core is in and on its way to Perth ? . - is it for more long term accommodation ? or is it more secure accommodation after the last cyclone . From what Paul told me after the cyclone there wasnt much structural damage to the camp, just a bit of a clean up .
 
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