Hi Acorn, I agree with those sentiments. In fact it fits with the way capital intensive industries work best - explorers like MPO taking the initial exploration risk and when resource verified passing asset on for developement to a producer.
In the fullness of time I would guess at around half a dozen csm producers but with the industry consolidation process producing good returns for explorers who sell into it.
I've been a long time holder of MPO but have been nibbling in the 40's. No intention of selling under $5.
I am not an analyst - dyor
- Forums
- ASX - By Stock
- annual general meeting
Hi Acorn, I agree with those sentiments. In fact it fits with...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)