MCR 0.00% $1.39 mincor resources nl

Ann: Daily share buy-back notice - Appendix 3E , page-5

  1. 2,906 Posts.
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    re: Ann: Daily share buy-back notice - Append... SunburntLand...I think you have hit the nail on the head.
    Although at the time of the GFC, I thought it was wise to hoard all that cash.
    I agree with your comment re PNG and looks like the market thinks the same.
    Be a shame if they spend too much now chasing copper/gold with the pay back time being many years away.
    I would prefer them spending their cash on improving reserves in their Kambalda tenements.
 
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