so a great businessman like Andrew Forrest just likes to waste his money looks like he's playing lotto now just a gambler.
Prospecting is just a sophisticated from of gambling. Companies expect to fail on virtually every project they touch.
One of my mates was a senior geologist for BHP. He said about 1 in 1000 drill holes finds anything worthwhile. Most geologists find nothing of value in their entire career.
Ann: Trading Halt, page-194
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