It is preferable yes, to retain these big assets (or at least say only partial sale)with ongoing
Royalties similar to Iron Valley.
Some time ago it was reported that the Stokes Group held cash of ~ AUD$1bn not
that they would wish to put all their eggs in the one basket but offering some comfort.
Stokes is in big with the Chinese however check out HotCopper posts on "HRZ"
and their dealings with our northern neighbours.Around 12 months ago ie Feb.'19
I f'cast HRZ's CEO would be led down the garden path and so it came to pass after
numerous spurious/fake agreements viz a wasted ~12 mths of HRZ's time.
Do we still have full faith in AV ?-A rhetorical question.
Investment in BCI certainly demands patience with sparse announcements.As prev.
alluded to, KLL's CEO has a different approach to s/holders.
C'est la vie.
(as an aside- I have a daughter's wedding in Europe to fund later this year-would be nice for
a slight bump up in the SP to help up).
BCI Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
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