I get so pissed when I hear some particular commodity is out of favor.
All the claptrap that was spoken when Fukishima happened ... hey, I thought all the nuclear reactors in the world would have been shut down by now.
Anyone in the minerals exploration game should know that it takes 10 years from discovery to mining.
The best time to be discovering and developing is at the bottom of a market. That way you are best positioned to be able to take advantage when the market suddenly realises that there is not enough of commodity xyz because the mindless herd did not invest in xyz when sentiment was bad.
All constructive stuff from the posters about getting the Ngalia Paleochannels explored and getting funding but for mine Brett and the guys should be putting major pressure on Panoramic to get Copernicus going to start self funding THX.
Does Pan still hold shares in THX?
It is an absolute farce and failure of management to have run down the cash to $8m which has been a major contributor in running down the SP by 85% when they could be selling Nickel. There would be no debate or questions of funding or negotiating on strong terms if Copernicus was running.
Sure, call me naive or simple as Pan is the major player in Copernicus but whatever you call me put the word frustrated in front of that.
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