re: Ann: QRL: Becoming a substantial holder f...
So not only are we going halvesies on some more rugged PNG terrain. But we are buying a 11% stack in QRL. Surely that sort of decision wasn’t made lightly and should have come up in the AGM. Forgive me, but regardless of who is running the other company I don’t think we have the kind of cash balance to be buying stakes in other companies. We have plenty of our own tenements in PNG that we could have used that $600k on.
FNT Price at posting:
6.3¢ Sentiment: None Disclosure: Held