Ann: Mincor Unveils $30M PNG Gold and Copper Tran, page-6

re: Ann: Mincor Unveils $30M PNG Gold and Cop... Don't get me wrong, Moore has been fantastic for MCR with the Kambalda Ni operations that were a company maker

But I am critical about the growth plans

They've been sitting on $100m cash for a few years now, all the way through the GFC

So many wonderful acquisitions could have been made (e.g. JML, many Aussie Cu/Au juniors)

But they've settled for an overseas grassroots JV earn-in, with any potential cashflow years and years away, and with a company that has been suspended from the ASX

Doesn't make sense to me

Cheers