How much did old mate pay himself for Warrambie with shareholder's money. Don't get me wrong I think new management has lots of other projects to focus on but washing money between MLS and Payne Gully for dud tenements isn't forgotten even though it's conveniently slipped in amongst another nothing burger announcement. Whilst I think there is some potential here I'm only interested in trading this one. That was my initial view when I made a heap on the run up to 18.5c Somewhere I got trapped into being an investor. Sold out never looked back. What a valuable lesson that was. Don't get me wrong it is undervalued which makes it a great trade.
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