I would say that’s a good option so long as they can get the EL to a production status. Springsure by all accounts is a massive deposit. Give Craig R and Andrew P along with the then MD Mike Avery who all where major shareholders of Chairman1 pty ltd and also very much a part of Gillford coal pty ltd now TER all got extremely wealthy by moving between roles and controlling the vote’s through C1 to gain both $8m plus company bonus and $100m for “jorc ratings only” or drilling reports”….. so by all accounts TER should now use their ELs to make all us shareholders super wealthy just as the executives all did back when it floated and the 3-5 years post.
time to pay us all Danny and team. Make up for the very very odd corporate behaviour that was going on back then.
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I would say that’s a good option so long as they can get the EL...
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