Hey Joel,
not taken a position in BNZ yet, will watch and see what they can achieve in the near term, though when I type that, I find it ironic that I don't feel as excited about Glenburgh, even though it was original reason for taking a position all those years ago.
The whole sector is very hodgepodge, with high valuations for some, but most... trading at peanuts.
I did find it interesting to see MI6 buy the Bullabulling asset for $166m... or $74 an ounce (a lot higher than the $18-30 per ounce SPR got from BNZ). Glenburgh is on a mining lease just like Bullabulling. Anyway, it's done now
Perhaps.... if... SPR is allowed to spread its wings in the year ahead, SL and the team already have their eyes glued on even more prospective tenements/assets than Glenburgh (I mean.... we both know they have their eyes peeled)?
Ann: Completion of Sale of Glenburgh and Egerton Projects, page-9
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