"My main point which may have been missed has been that I don't...

"My main point which may have been missed has been that I don't think anything like rare earths or tungsten or any explorationon is the way forward"
"Coal and gas"
-----------------------------

Coal and gas-we actually do agree.
However like the excellent 1954 movie-"Hobson's Choice"
the principal character(John Mills)made the best of his forced marriage
and who knows like the movie it may well turn out that the s/holders'
forced marriage into tungsten will eventually have a happy ending.Who knows?
However the problem for most of us is that 5 yrs down the track with a capital
raising dilution of the SP is much too long for me personally.
That's my reason for favouring a 5 cent return(something at least
retrieved).As you indicate, this exploration drilling lark just eats away the cash
whatever the target or whoever the CEO.

http://en.wikipedia.org/wiki/Hobson's_Choice_(1954_film)