I know this comment should be on the other discussion site of the stock presentation held in Melnourne yesterday..but there have been zero responses. Hence I am posting this here. I had an excellent discussion with Bevan Jones ( M.D.) He is of the mind that the stock price is in the toilet b/c the market has yet to see consistent delivery. We talked in detail about his view of development. He is a seasoned Mining Professional that has managed more than 1 turnaround story. Firstly, we must understand that Mt. Oxide is a long way from Cloncurry. It will need a whole new operation set up. The defined resource there will need to be somewhat larger to warrant that kind of money or venture partner...think 4, 5, 6 years ahead. What we have before us is the growth of the Cloncurry project. There is somewhat more there than is presently understood. There is significant potential for discovery within the district. He believes that there is more that 4 years of work in the area. I remain scared to death of the current share price but believe what I have been told. I change my sentiment to BUY
TNC Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held
