sliced bread, it is a risk/reward trade-off.mt colin is a small...

sliced bread, it is a risk/reward trade-off.

mt colin is a small and isolated resource. No point going through the time, expense and risk of developing it and proving it up yourself, when you can sell it to someone in the vicinity with the infrastructure already in place and use the cash to go for the bigger fish.

I personally like the strategy of going for short-term cash generation from the resources near existing plant. It puts a major support base on the share price with cash reserves, so that we are effectively taking no risk to get a piece of future upside.

There is nothing better than having plenty of cash while we head into GFC2.