CNB 2.04% 48.0¢ carnaby resources limited

The cost of mining is huge,and it would be a lot more than just...

  1. 121 Posts.
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    The cost of mining is huge,and it would be a lot more than just the shares we already have,better to get a secure stream of money rather than huge debt.I understnad mining having spent a lot on it over the years and its better to spread the load at times.Why do you think SAU have farmed out their resouce to bluebird,they could have gone to shareholders and asked for more money but were smart enough to consider shareholders not like a lot of these overpaid directors with no skin in the game!!
 
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