it always blows me away when the bleeding obvious is stated by directors. That it might be a good idea to have production which pays for exploration admin etc etc - what a novel idea!!! AND THEN spread the risk - another novel idea.
Lucky all the experience is being brought to bear on this fine strategy - Business 101.
having said that lets hope they have the ability to move ndo up the food chain. This is one tough business to succeed in and it takes a long time to find a good deposit and what seems a very short time to drain it and then even harder to maintain - replenish your reserves. Oh and one needs that thing called a little bit of luck that one of the wildcats come in!!
Ann: AGM Presentation , page-4
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