$150m would be a horrible result IMO for what they have been presenting about that mine. I'd rather they fix it and deliver to their presentations especially if you believe in what you are saying Esh ie investing in long mine life to capitalize on during the next bull market. What happened to that?
Why not fix it, merge it with another Australian long term miner and have it under that listed entity? Use the cash to buy more assets in Africa, list on London and use the expertise gained in Syama Automation etc ... to build more high quality long term tier 1 assets. I know sounds simple but $150m sounds like a waste to me.
On another note, I think Colin is in the sin box. I noticed few of his posts moderated and I haven't seen any post from him since the 16th of January.
This is only in my opinion, not offered or to be taken as financial advice, DYOR
$150m would be a horrible result IMO for what they have been...
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