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Stormynormy

458 Posts.

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22/05/18

22:29

Post #: 33260529
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Originally posted by Veritus ↑

For my part, I hung out to the last.

But remember, we as shareholders permitted this.

They flashed the cash and we took it - didn't make us.

No one else was interested.

The Chinese have become expert at acquiring fields of potential that require work and investment and take a long term view.

There would have been a few setbacks on this between the weather, obtaining permissions and commissioning the mine. I think , the MD saw the writing and opted out for a quick dollar and safe exit.

MRP took the money and got out, the rest took the money and lost it somewhere else.

The choices have been all ours ( up to 50 % )

There will be more of these scenarios across the bourse with similar fields of potential.

To illustrate, I hear that in WA there will be a Lithium processing plant to be commissioned near the port - nearly 1 Billion -

- my question to you - is why is it Chinese ? and Not Australian ?

Can't be arsed, will sell the nation out - from resources, to businesses to farming and prime property

- You are witnessing the Sinofication of Australia before you and we were all part of that in PGO

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We might have permitted this but what choice did we have? This has been a long time in the planning
and we were betrayed by management who both new what was going on well before we were
told!! I wish only the worst for this mob ,if they start mining successfully they should be
investigated by the asx,but probably won’t knowing the asx!!

PGO Price at posting: 5.7¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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