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re: Ann: MD presentation, Resource Rising Sta... before everyone...

  1. used moggie
    894 Posts.
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    01/10/13
    18:09
    Post #: 12394663
    re: Ann: MD presentation, Resource Rising Sta... before everyone gets too excited

    1. The presentation actually says 5.2 in cash. I assume that is gross not net, but could be either, so the 12 million (including 5m for Manbarrum) is wrong, unless he is also counting the balance of the SPP which would be very strange.

    2. The trip to China is an annual event. Well worth doing, but not exactly shattering news.

    BUT I will say the presentation look very good.

    lets hope he has a rabbit ready to pull out of a hat.

    UM
    TNG Price at posting: 5.0¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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