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22/02/22
12:22
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Originally posted by aScannerDarkly:
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I am in two other Drummond Basin plays. One of the companies in particular has internationally renowned geos. These top shelf peeps don't fiddle around. My rule is follow the best people as they usually get the tier 1 Prospects. My conviction is the Drummond is a tier 1. Also, close to infrastructure and labour centres like Mackay. The land package acquired by mml is huge. 1064 has spent many many years work on technicals and very important landowner access relationships. We get the package, years of intellectual property and the 1064 team. So mml paid what $13 odd Million in shares. IMHO this will prove to be chump change. Good luck to all
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why do you think, after 10 years, 1064 hadn't drilled a hole?