ION 7.69% 1.2¢ iondrive limited

Ann: New Strategic Investor in $10.2m Capital Raising, page-7

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  1. 559 Posts.
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    Good points and something to think about. I think the Smart Money is here for a reason, very rarely do you see a whole country play, first entrants and all. Not about a single project but explore as much as you can and get cashflow through JV's is the way forward I think, doesn't necessarily have to produce itself, too capex heavy and I don't think there is enough expertise for that (from what I've seen actually mining takes a different skillset to exploring). I like what Metal Tiger does across its various projects. I also think the timing is a red herring as an excuse to wiggle out of committing to production and fronting up cash required that could be used for exploration
    Last edited by BBBBBBB: 03/09/20
 
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