"In 30 years of mining, I’ve only seen one other comparable deposit,” executive chairman John Lamb said, “and that is Rosebery, which now now nearing the end of its life.”
The Rosebery mine, which is located in Tasmania, has been in production for 80 years.
That comment from John Lamb a few months ago is making more and more sense.....and of course he knows Rosebery backwards. Watch out for a re-rating from the pundits.
MYL Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held