PSL 5.56% 1.7¢ paterson resources ltd

Ann: Trading Halt, page-11

  1. 27,257 Posts.
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    look at what we have, jurisdictions that will allow us to make good on what we find.


    Vanadium - early mine reactivation Nelly Argentina,  and  QLD/ NT .


    Copper and gold projects Aus as well.


    Brewer is a magnet for risk, and when you work out that say 1 in a 1000 ? companies get to actually mine what they say, you dont need DRC crap to be another reason why the bridge over the ravine is out.


    If we get to activate Nelly, and start producing some early cash flow, then maybe that can fund our way to that 10m capex on the copper project.

    Anything in a good jurisdiction, with low capex, is a chance.


    ALL the ifs and buts, calculate the probabilities, and avoid unnecessary journeys into fatally flawed investments.


 
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