You are exactly right HT as usual, They would have to have a contingency plan, Not just going to let PHill run out and sit on there hands, Bit of time left yet.
Have liked this thread a lot but have to say I think it's a bit rough to use hindsight to blame a CEO for not taking on an acquisition. There is obviously something big in the works, This creates a big opportunity for us as the market seems pretty convinced that nothing is going to happen soon. All those chances of finding something amazing at PHill have pretty much been completely disregarded in the share price. The geoligists would have to have a reasonable idea IMO and they wouldnt be spending all this cash looking around there if there wasnt a good chance of something coming out of it. If not something will else come off. Loaded up on more yesterday <$10 is a steal IMO.
OZL Price at posting:
$10.06 Sentiment: ST Buy Disclosure: Held