Ann: IMX signs Heads of Agreement to sell Mt Wood, page-12

  1. 3,059 Posts.
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    re: Ann: IXR: IMX signs Heads of Agreement to... I have yet to find a successful mining company that does not spend money in drilling. get real mate, moaning about them spending cash on drilling, I cant even believe you really think that is a waste of money.
    I think I said, I was glad you were not running the company.
    You want to return most of the cash and stop wasting money on drilling, that's a great strategy.
    Ahh and anyone who runs a growth mining company does not have the opinion that drilling is a waste of money.
    I have been in the market for long enough to know that it often does not make sense, so asking why bhp etc are priced the way they are does not mean jack to why OZL are priced the way they are
 
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