Bunn, I think that you are being a little harsh...
1. It hasn't even been 18 months since they took over Nifty, and they have achieved a hell of a lot in that time.
2. Any amount of finance [even under $300M] is never a walk in the park
3. Finance takes time, they are borrowing 100's of million, there is a LOT of due diligence to take place
4. We are looking to build a mine with a 30+ year mine life and then look to build at least 2 more similar, the markets will move during this time, how long do we wait
5. Everyone that knows Copper is predicting shortfalls in supply by the end of next year, we need to be in a position to take advantage of this, meaning we need to build [refirb] the mine now, not in a year's time
Look I could go on and on... but in the world of mining, there will always be delays... those who do not have the stomach for it should not invest in small cap mining companies, simple as that.
Give the team a break, it's easy to focus on the negative, but when you actually look at what they have achieved thus far, I for one am impressed... I would love to be rich tomorrow, but our time will come...
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6 | 355654 | 0.027 |
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Price($) | Vol. | No. |
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0.033 | 193548 | 1 |
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