Hi Dagg, I bet MTN are not that happy that they gave up the tenements in Warburton JV. I feel that STZ are still concentrating on the project in Poland and don't have much money in the bank to go drilling holes in WA. Might be a poor decision, as long as they don't short change us and sell the tenements without at least drilling a few holes to see the potential. I agree with you they are not in any hurry, let BDR do the hard yards. A Geo friend was telling me that he has seen similar situations where they have not drilled just to get whatever money they can, as quickly as possible, without maximising shareholder value with a bit of hard work. I hope this is not the case. An ann with just the potential, I am sure would be rewarding. Nothing is going to happen in the remainder of the year. But the NY would be a perfect time. Go Strzelecki!
STZ Price at posting:
5.3¢ Sentiment: LT Buy Disclosure: Held
