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They can't do much at Patterson at the moment because it is too...

  1. subi1
    2,091 Posts.
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    04/02/19
    13:07
    Post #: 37321911
    OriginallypostedbySlogger


    cashburnmayhavebeenfundedbyRIOsodoesthatmeantheyareconcentratingonRIOsideofthingsandleavingSIPAprospectsonthebackburner-preservetheirowncashandjustdoRIOworktogetthatoverthelinesometimeinthefuture?

    andwhileatitletsthrowanotherbonetoinvestorsintheformofanotherprospect(andletslookforJVpartnersthereto).sowhataretheydoingtoincreaseinvestorwealth(aftertheshamblesofrecentyears)?.appearstomeacashconservingexerciseandtryingtoflyonthecoat-tailsofRIO-butIcouldbelookingatthisentirelythewrongway.

    They can't do much at Patterson at the moment because it is too hot.

    Hopefully the Uganda work will prove up something big.
    SRI Price at posting: 0.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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