RE: Wishbone20 May 2025 17:46
Bigger is not always better in business and plenty of growth organically to fund and action which will more than keep team busy. Running a leaner, meaner business is a feasible business model for now instead of buying every tenement in site, indeed seems like they are slimming the portfolio down a bit perhaps. Let the explorers do what they do best in the better run companies by raising funds from speculative high risk investors to explore.
Over time likes of Antipa can prove up Minyari etc. and whatever options are on table and make sense can be followed through - when it suits Greatland.
Been watching WSBN too and agree it's been abysmally run, be a cheap target in future probably if they don't smarten up, so wouldn't be the best outcome potentially for existing shareholders IMO.
And Freddo, yep no one knows anything for sure but Shaun didn't seem that focused on buying up every nearology project when asked at TH.
Investing is speculation on future outcomes so we're all guessing about x, y or z after all. That includes future SP, Hav DFS contents, M&A, Future Telfer LOM etc. etc.