You guys are on fire - great to see light bulbs being divvied out appropriately and some constructive and interesting stuff to read.
- I say AMI stumbled into Sky simply because they got money for old rope. AMI was always going to have those tin projects on ice. They have now stumbled into a gold mine and made some dollars along the way.
- I agree. If Great Cobar is the future of AMI's base metals feed for the new Peak plant, together with heaven knows what else is down there, that drive should be a high priority. Exploration for starters for sure.
- PEX is an enigma. Their problem is cash. They have painted them selves into a cashless corner with a convoluted share register. Hard decisions need to be made or it will be the same mess in five years.
- RVR is an interesting company with interesting projects. If they pull it off, they will be a Disallowed IMO. Its all about gold for them now. Base metals without precious metals credits is a trap. Being a (Central) Qld'er, CEO Dan should be well aware of Thalanga.
- CSA will get too small for Glencore some time soon. It's too big for some and too small for others. AMI is CSA's Goldilocks company - at the right price. Squid's comments are spot on about the terms of any proposed purchase.
Appreciate the commentary.
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