Hi Mickey
Well said as you make many very valid balanced points about the market, use of funds and the big picture cleverly timed investment by St Barbara.
We are at a very important and interesting stage of Peels corporate side development, in that the canny investors now see much more to like.
What I mean is that;
Mallee Bull/ T1 /Silver Ray (near to mining)
Wirlong (great grade Cu)
Wagga Tank/Southern Nights (Cu,Pb,Au/Zn,Pb)
are all great projects, all very strong candidates for greater opportunity in terms of grade, ore body scale, ergo size growth, with much tenure yet to be explored...importantly infrastructure is good as is political risk, workforce availability, low AUD, rising metals market in 2018.. not to mention a nice bounce in most precious & base metals last night!
If any corporate wants my shares based on above I’ll consider $5-$10 which is less than 1 or 2 billion for all projects, not including Apollo Hill or the high value unexplored surrounding leases.
Nuff said.. except I’m Very pleased & excited... !!
Sarg
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Hi Mickey Well said as you make many very valid balanced points...
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