2 Questions:
1) As said, I'm not "in" the known in that company.
Beside looks like it's the "old" Windimurra.
Can you explain Why -what it sounds and looks- They're so "stucked" in their development??
And, in consequence of it, should it be likely they can continue their ("sands") way, or is it as serious that they may never got back, on the "street"??
Or what would be needed that they can return to "business as usual"?
2) As said, I actually was "almost" always still interested in these "sands" companies.
Camed across "1,2 handfull", but never owned one.
Closest thing was the old "Hana Mining", Ghanzi, with kinda "shallow desert sand cover".
Which got a very, very nice thing. Made me >10 times the initial money.
Buuut, from these "1,2 handfull", I mean(?) not even ONE really made it. So far.
The really operating are, I mean, to a laaargely extend the bigger Ones, like Bluescope Steel, Rio and some the like. In places like NZL, and some other.
So not that sure wheres the "dog buried"???
(if you aussies know that phrase?)
May are there any kinda "structural" problems???
With that kind of deposits.
(They're at least veeery different, no question)
So, the question: Do you may know why the old Amex Resources gots delisted??
They were some steps before the (finish)line, iMo,
but haven't experienced the "end". Of their public company story.
Would be nice to shed some light in the dark.
Thanks
Popeye
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