The loyalty I refer to is to the brand SPR and to SL. And I get it ...... its been a hell of a journey.
"Taking half a pay out today as opposed to a full pay out tomorrow isn't a great investment strategy imo" ......... Totally agree ..... BUT
What about taking a half payout today AND STILL getting a full payout tomorrow ...... or even better ..... re-investing the half payout you get today so instead of having $X invested in a company that will be smashing out gold bars in 2 years time, you have 1.5x$X invested in a company that is already smashing out gold bars (at a time of increasing POG) and will be producing a ridiculous amount of gold much sooner (if TO is successful).
A TO is NOT walking away from this project. Anybody who walks away from this project because it may end up with a different ASX code ..... well .... that IS poor investing.
All comes down to what the TO offer is ...... that's when the punters should be making the call on whether to green light or reject it ...... not before IMO.
Add to My Watchlist
What is My Watchlist?