Time value of money. Money now worth more than money later. I...

Time value of money.

Money now worth more than money later. I can’t fault management for making this deal as it will return $ value to shareholders and provide continued exposure to a great project now in the hands of a fantastic outfit.

I won’t deny that when I first saw this project and invested 5 years I had dreams of ten bagging on WM.

However, it was never that kind of project. Too big, too far away for a junior.

BUT...

I am far more excited over the New Norcia ground than WM. This deal contains an enormous amount of subtext. The way I read it, we are gearing up for a huge run at Yarawindah.

Therefore, I’m very happy for this deal. I might even hold those OZL shares for more than 5 minutes. Caspin is the future. Onwards and hold until relieved,

TopGun