Red kite, scan the sector relentlessly with specialized experts at each level They put 80ml in at over 40c they can not predict sentiment and they are obviously not trading on such either they get paid back with this mine starts producing efficiently now they could be wrong - it is not without risk - I bought in long b4 they did because the risk reward looks compelling
so far drill results are good, management are a class act - commodity prices are all over the shop, but cost of production is on target.
Not overexposed, but it is not unrealistic to expect to be rewarded over the next 3 years
CR - Morrey (spelling?) is no fool, he knows the dangers here. He is also significantly involved in AYC - another high risk reward play that is running dangerously close to fortune or famine. These guys don't become billionaires without risk. They also do not play a hand that does not have excellent chances to succeed either.
MRP Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
