I believe we are thinking along simmilar lines here.
Although we had a great run with white dam, I am alway nervous when explorers become producers.
It can take sometimes years for these companies to get the mine running smoothly at tremendous costs for us shareholders. My experience with PNA, PLA and Equiquinox was close to a nightmare.
Only PNA and Equinox got themselves sorted out, PLA is still stuggeling and I remember that the share price of PLA was $3/ share and it was an outstanding investment in my portfolio. Now years later it is at $0.47 and still struggeling.
If cloncurry project would have been a lower cost producer I could have taken the risk, but not with the present figures as we know them.
So my vote will be a big YES in favour of the sale.
jojo
EXS Price at posting:
61.5¢ Sentiment: LT Buy Disclosure: Held