RE: Calm down!24 Jul 2018 11:49
get real ...... they have invested less than 1% of the market cap in a project. its pretty standard procedure to hedge a cash position for a worthwhile return. in any line of business big or small , christ i do it myself with currency, stocks and now moving into property.
i find it laughable at the reaction , pretty sure dan and his now excellent team he has brought together know implicitly what they are doing. i trust their judgement with however they pursue BNKR going forward.
modern mining techniques mitigate risk here as best than can be achieved as i laid out yesterday and if numbers add up then its worthwhile taking a stake , if not walk away and collect a healthy return.
so all in all please email dan and his team and point out what minerals you approve of being mined and in what location in west africa.... that would be one ridiculous email wouldn't it?
ultimately if you are not happy with hums strategy there is another solution , perhaps thats already happened and we protest too much?