They're pretty good at starting companies and doing deals. Last...

They're pretty good at starting companies and doing deals.


Last big deal the Chairman did was selling AVB.ax for $400M+ to OZL.ax.

If that was done today, it would've fetched a lot more.

If AVB was in Australia (like DRE) instead of Brazil, it would've fetched even more.


Looking forward to monetisation of DRE's:

- Iron Ore to MIN.ax,

- Metzke's gold potentially to RMS.ax,

- then the Rare Earths to potentially LYC.ax/ILU.ax/HAS.ax (the 3 that are keen to process DRE's RE),

- getting our 30% share in the First Quantum JV bought out by FQM, and

- doing plenty more deals (Orion & Friends, and hopefully a lot more discoveries that they'll make on those massive tenements that are bigger than some countries in the world).


Cheers,

GB.