Spot on. That 69% is crap. No one can give an actual probability. All the past third party estimates of the resources I’ve come across for any project never came to fruition. So in house estimate is even more questionable. Anyway management just don’t care. They only care about preserving their jobs and salaries hence make sure there is enough money to move on to the next project if this one doesn’t work out they just move in to Spain. They are winners either way. Look at how they try to cash in even before the drill is a success. If it is a failure they just use their own money injected to pay themselves salaries and then move on to try the same thing again with Spain. It’s all a scam. Better to put money in BHP or blue chips. I just want my money back.
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