If you buy the rights into a number of exploration projects then you would have to be a bit of a parrot to expect them all to become full blown mines.
I was dissapointed in the delay for the Parys project but I suspect with the halving of the sp the deal doesnt suit in its current form. I saw that as providing a cash flow in the medium term to prevent the need for cash calls rather than the central project long term. Lets hope it all comes together at the right price.
WMT Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held