Thanks all. Great commentary. All I would say further is that Bryan has been very deliberate to say that Federation is laregly being funded from ongoing cash flows. As these capital costs slowly and inevitably become operationalised, the capital requirements diminish somewhat. I totally agree with openning up the drives to Great Cobar for exploration if nothing else at this stage. This is low risk tunnelling that is not expensive.
Crowing about a pile of cash when the Market isn't responding, isnt providing shareholder accretion. I'm not saying blow it - just put it to work rather than indulging oneself by counting and bathing in it like Ebenezer Scrooge at Christmas.
AMI Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
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