The GFC killed their farm in agreement in Kyrgyzstan, and they bailed out. They also had promising Exploration in Peru, with good early results in 07 - 08, but more detailed analysis greatly reduced the size of the reserves and they sold their Peruvian assets in 2009 for just $0.5m - then refocused on WA where things are a bit simpler! Lol.
Through 2010 - 11 they had a rush of blood to the head and went chasing rare earths in Greenland, back when rare earths were worth something too....
(I think maybe their head Geo likes travelling to exotic places
that also ended in tears, as rare earth prices went splat and their partners got cold feet - no doubt a common hazard in Greenland. The Greenland Motzfeldt project was officially euthenased just a few weeks ago.
That leaves us with the Fraser Range Nickel adventure......
lololol. A rollicking good yarn. Can't wait for the happy ending......!
Lol
good luck to us all
Dave![]()
The GFC killed their farm in agreement in Kyrgyzstan, and they...
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