Potential7 Dec 2017 13:22
One argument, or question, that is put across by posters across LSE forums is "if a resource is so good, why hasn't a major player bought it"? Those posing that particular question are usually cut from the same cloth. 88energy, Prem, URU, all sitting on huge resources. Circum Minerals, massive, has been in the process of being sold for months and months. The trick is to prove it up first, and prove its commercially viable, a sticking point for the fat ladies currently. As for ANR, we'll here's the thing. If no coal, no return. But if there is coal, and dry coal, and substantial quantities...........? Risk versus reward. I continue to hold and confident of seeing a return. GLA