You know Simon was a large driver of MinRes mining services division right?
Regardless of the outcome of the initial drilling programs, his ability to pull things together is 2nd to none.
The mining services division will be a success.
Why do they still need Jewson? The mining services will fund the exploration from here - no further share holder dilution.
It’s the old shotgun approach - fire enough pellets eventually you’ll hit something.
Do your own research, but look back at the chart and you’ll see that there is a better than even chance that buying round these levels you’ll double your money on the next run.
The next 12 months will be good. FMG forecast a 9% increase in cost of production in their WA mines. There is a real opportunity for mining services if they get it right.
I’m betting they will with the infrastructure and partnerships they have got in place. Just need the port licence now.
Not advice. Just my own thoughts
M4M Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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