INR 4.55% 23.0¢ ioneer ltd

I'm astonished that the mkt hasn't given GSC credit for its JV...

  1. 6,783 Posts.
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    I'm astonished that the mkt hasn't given GSC credit for its JV arrangements with Osisko and Antofagasta underwrite the exploration costs of the company and give them a unique window of opportunity to make comany transforming discoveries. Wisely, they are following the old maxim that the best place to find resource deposits is adjacent to previous finds. Given the two jv partners are multi billion $ companies, I think GSC have been very clever at maximizing their upside while minimizing their downside. Don't be surprised if they put in an eye watering run at some point.
 
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