AMN agrimin limited
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GRM payment will be less, it gets more the longer you have the...

  1. gizard
    23,354 Posts.
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    04/07/14
    14:20
    Post #: 13612987
    GRM payment will be less, it gets more the longer you have the tenement

    RWD had trouble with CDNTS yes, but they had trouble with WDLAC as well

    I can see why they let it go, LD and Karly are there main game ( they are capped at 90 m based on these). These projects could be billion dollar projects. Lake Mackay is going nowhere for them.

    Can GRM get over those hurdles, who knows thats why its a 10 m cap and starting out, But RUM and TOE seem to get on ok with CDNTS at the moment.

    GRM will just ride on RWD Karly drilling and RUM south part of lake mackay drilling. If either turns out well GRM will benefit


    Its all risk v's reward
    AMN Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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