NML 1.00% 9.9¢ navarre minerals limited

True. But provided they are sensible and ensure the sustaining...

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  1. 2,245 Posts.
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    True. But provided they are sensible and ensure the sustaining capital is deployed correctly cash flow should deal with that component. The main thing to watch for is their expertise in executing the production plan with out f***ups that often follow with new arrangement in the chook shed. I trust as a I have no other choice in their competence.

    as for major capital, well how long is a pice of string. This is theirs to control and will really depend on their skills, in particular to get ore reserves to put on the ROM. Not too worried about that at this stage for the mine.

    More worried about their attention getting diverted away from their other projects….in particular morning bill. I’m not sure they have the depth, without hiring more staff in Victoria to run the green/brown field stuff.

 
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