JML holders know how the jml deposits work. They are repetitous and are discovered every say....4km.
History shows that the same deposits as JML can produce for 50-100 years simply because the continuation of discoverys.
Bently was 1 of 6 targets. They hit bently and focused on that, and did not worry about the other targets. And now to have 50km of this tenemant is not seen as "potential" to me....rather its there and JML are no 1 at finding it.
My concern is that i bought jml because its jml!!! Now that its igo are they going to persue the JML assets with the aggression that JML had???? Thats the big qs? Will they continue with stockman? Will the old management garry and co still run JML side of things? If other guys from igo take over it wont be the same. Can garry comb work with this mob? together. They might want things dont different. Will they sell stockman??? who knows. I would hate for that to happen. To many questions and you will never get them answered, EVEN IF THEY ANSWER THEM!
This take over has no doubt thrown another spanner in the works. As much as i like JML and IGO this is now IGO and the above is just some of the risks for me.
Just see how it plays out. Plenty of thinking to do though.
Anyone have any opinions on this...as a long term holder..?????
JML Price at posting:
84.5¢ Sentiment: Buy Disclosure: Held