Peelwood and Monty are assets that are being converted from projects to mines as we speak.
What do you think the Directors have been doing over in Europe at the Monty site??
Are we not now drilling at Elsienora?
I don't have a problem with the concurrent purchasing of additional assets WHILST we further progress existing assets. That's what SSC is doing.
Given the bureaucrat induced delays at Peelwood (and it's 3-4 year mine life), I'm pretty relieved that we do have several projects. It de-risks the Company. Ever thought of what might happen if Peelwood was ever knocked back and it was the Company's only asset??
As for the lack of share price performance, well I think the European bond market / debt drama's may have just a little to do with that at this end of the market, ..... risk aversion.
SSC Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
