re: Ann: December Quarter 2009 Activities and... Bloodred,
I suspect most of the development spend is going into BH, (maybe a little into Phuthep). You just don't spend USD 19 mm in a quarter on a project before FID unless you are very enthusiastic about it.
Probably time we had a FIRST GOLD competition.
I can't see us going an acquisition any time soon, I think our management have their hands full. I guess there's some imperative to try to get BH well advanced ahead of Phuthep, so that they can role some of the key people/skills across.
Might need some finance for Phuthep, esp if a new Lao copper project were to follow, but my bet is there will be no groveling to Western loan sharks, GRAM will help arrange any finance imho.
EL
- Forums
- ASX - By Stock
- PNA
- Ann: December Quarter 2009 Activities and Cash Fl
Ann: December Quarter 2009 Activities and Cash Fl, page-23
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PNA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online