"maybe 100's of 1000's metres between plants not miles. i assume that was just another error." and "my posts are mainly aimed at responding to posts that are just incorrect. "
Well too bad I'm NOT incorrect then.
Here is the Barlee map, theres Mt Magnet to the NW and Burbanks is just SW of Kalgororlie. Look at the distance scale. BOTH are around 200km from Barlee and thats in a STRAIGHT line, not along roads.
http://www.gtp.com.au/beaconminerals/inewsfiles/Beacon_Minerals_Location_Map_50_reduce.jpg
Anyway regardles of distance, they paid way too much...as a comparison, Kentor paid $13M for Jinka Metals assets (2 mid sized gold resources both much larger than Barlee and nearer production, a plant AND the very big Jervois project).
As for RMS investment on DRM, who cares when they see their return (though I expect it will be MUCH earlier than you're expected 2-3 years), as long as they GET a return and its what they were hoping for. Unless of course your a short term RMS investor.
Cdchi1
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