Hi Iceman,
I would think that they would have the same effect, in that they would make the acquisition of additional tenements more costly.
Some might argue that management should have already secured the surrounding tenements. The other bone I have to pick, is why did management promote the release of the Raven results in drilling progress reports, only to withhold the results at the last minute? Quite strange.
But don’t listen to me mate, I maintain a rationale outlook whilst the market place continues to behave irrationally, without fail. Did you know that oil is up again today $72.80. Yet Pryme continues to lag behind it’s peers. And I still maintain that this is one of the best companies on the ASX. It is an explorer which already cashflow to support future studies, testing, drilling and processing.
I just wait now. Disillusioned, and now very unassuming. Much like Lochie Daddo’s career. Hahaha
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