Great insights, he's an impressive executive with a big picture mindset.
Key takeaways for me - *Penikat - is a company maker and a no brainer! , we just need to be patient and realistic of when this will be realised (no exploration permits have been denied). He seems a pretty conservative guy but I sense his excitement around this project. *Rana - drilling in August, refined there techniques in locating the targets, something to watch *BHP Alliance - designated team to manage this project, like an arms length company within a company, mandated to spend, earn in not capped as there could be multiple targets that they could buy into, got the impression confident of finding "BHP scale assets" over the next 2-3 years, even 1 would be a company maker. *Looking at advanced projects in copper - sounds confident *Unlikely to be tapping market for years unless they find something of scale that required more capital *Shareholder/stakeholder value at forefront of all their strategies, spoke about many multiples of value creation
For me this has always been a LT investment, the more I listen to Fabian and his plans for this company the more confident I am that this will be a company of great returns over the medium to long term.
Best wishes to all holders
KRM Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
