Bunsnz,
Since when do explorers/pre production co's have regular revenue streams? To me CFE is an explorer/resource developer that sells projects pre production. If you want a revenue stream now you need to look at mining Co's who are producing resources now.
This is not CFE atm .. but the regular revenue will come ( re 25% retain) in years to come so I'll be pateint and wait. Less risk imo having 25% income from 3-4 projects than 100% from 1.
Tony has a proven track record sniffing out bargains so he and his team are better placed than most to identify future aquisitions. You're right there are no assurances of future project quality but this is true of life itself....no assurances.
Cheers
Jester
Bunsnz,Since when do explorers/pre production co's have regular...
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