Interesting point about the local insto D, and all the more reason for the DFS imo.
Some may not wish to eat humble pie at the moment, but $ talks and a positive DFS may be the trigger for many to dip their toes.
It's amazing to think all the locals stood by and watched M&G buy with ears pinned back, and now Oceanwide will probably do the same.
Do they truly think both of these companies having done all of their due diligence are now making a poor investment choice or are they the fools?!
I can still remember one broker claiming that if FMG ever built their rail line and managed to cart their iron ore, he'd lay across the train tracks on the inaugural trip.
With results like we had today basically ignored, it seems that type of short sighted mentality is still alive and well.
The Las Minerale 20 yr offtake deal and copper aside, I still can't understand how a 7m zone grading at over 3 Oz Au per tonne from only 15m below surface is sold down and basically ignored?
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