The cost of EPCM procurement in the minerals sector has increased significantly over the recent years, CAPEX for many projects in WA are now up about 50% in 3 years which is why stocks that have tenements NEAR producer fields are very important.
Forrestania, is one such field, flying fox for WSA has been an absolute cash cow, we need to push management to get this started now so we can make some money into the mining boom. Lets be honest when you have a tenament right bang in the middle of WSA tenaments all Range management need to do is a JORC and then would we see what WSA may do. Why do range need to build a plant and collect the expertise, all they need in an extended imminent drilling JORC program.
Potential Takoever could be in the wings, consider this please?
I continue to hold for greater days
GO RANGERS.
RRS Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
