Never expected IGO(JML) to throw their hat in the ring, but a bit surprised MCR didn't move on TTR/PRH a long time ago. MCR were on the lookout for a gold/copper project and went to PNG (bad move IMO) when they already had a presence on the TTR/PRH register. The Great Southern assets would have been a great strategic fit with the cashflow from the Kambalda nickel ops funding development of Kundip/Trilogy and regional exploration. They could have also leveraged off their regional experience from the RAV8 nickel ops
David Moore has done tremendously well to build MCR, but for a few years now he hasn't been able to take the company to the next level, and diversify with an income stream away from nickel. He could be doing what Les Davis is about to do
Opportunity gone begging IMO
Your thoughts?
Cheers
PRH Price at posting:
1.8¢ Sentiment: None Disclosure: Not Held
