It is disconcerting to see the thoughts of the more moderate amongst us.
As we sit here stagnating with our shareprice almost half what it was pre consolidation one has to consider a few moot points-
(1)The regional and IMX exploration is hugely under resourced considering the ammount of money available for exploration. Now that Cambodia has been divested,that ammount is even greater and should be diverted to the PH/IMX area. We have only 2 drilling rigs working PH regional and 1 on the IMX/JV acreage. How do OZL expect to find another PH without giving this drilling its full focus.
(2)Is TB pushing Carrapateena enough to get it to feasability quicker. Everyone can say it "all takes money"
but hey guys has anyone noticed- "WE HAVE GOT TRUCKLOADS OF THE STUFF"
If we are not going to use it then start pumping more of it into exploration.
(3)TB needs to revisit his strategy regarding finding another 50-100,000 tpa project.
While he is waiting and "fiddling" one may never eventuate.
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while he fiddled rome burned
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