SPQ 16.7% 0.7¢ superior resources limited

Ann: Steam Engine Resource Expansion and Mining Study plans, page-71

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  1. 630 Posts.
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    Only anyone with half brain knew that the money spent at Cockie Creek should have been spent in drilling Steam Engine, starting up production, generating revenue and stopping the bleeding CRs.

    But instead, we got holes that add pretty much nothing to a prospect that’s not even a priority because they still think they can hit the jackpot at Bottletree.

    So yeah, the logical order of things was:

    Generate revenue from SE > Prove up Cockie Creek and SELL IT (or mine it, but generate revenue out of it) > Drill Bottletree.

    If you can show me how the course of action that management has chosen is remotely better than the one above I will swallow every single one of my words.
 
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