MLS 5.26% 2.0¢ metals australia ltd

Ann: Lac Rainy Exploration Update, page-23

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    Well I don’t see this as negative as the SP shows. I think having a road that provide access for 12 months a year is always desirable compared to helicopters transfers. I agree it could have been better thought/ planned but having worked in similar industries for many years this is not a bad decision at all especially if the horizon is to production.. I see it as a bad decision for day/ week traders but for a long term holders this is a good decision both from cost saving and also from opportunity to purchase at lower price.
    All IMO DYOR
 
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