Well its all been rather sad, Oakajee not coming to pass for our large Weld RANGE FE JV but there is new activity to begin on Ryansville for base metals.
As to our 13 million or so shares in PEX it provides exposure to Mallee Bull and other very good projects, bear in mind PEX was 73c not that long ago, it was destined then to smash through the dollar mark, and I believe it will easily do this one day given the outstanding grades of copper.
If PEX hit say $1.20 HHM may well be three or four times their current price...so watch this space, HHM is now very cheap if you have faith in PEX.
Sarg
Well its all been rather sad, Oakajee not coming to pass for our...
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