PEX 8.33% 13.0¢ peel mining limited

Bob Vassie retiring, page-8

  1. 111 Posts.
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    Rob might drill to China at this rate before he decides to develop haha... the point is not discovering ore bodies. credit given to rob for that. the point is what he has done with them.

    correct me if I'm wrong but wasn't it his decision to farm out MB 50/50? if it was he has rocks in his head. surely you keep 51% of and asset and control what's going on.

    SN is 100% owned but what good is having no money and two assets just sitting there. good management would have developed MB got cash coming in and then started to explore again. pretty simple stuff I would have thought.
 
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