Originally Posted by
Balance
1/ Quarterly cashflow means little - it's what and where the cash is coming and going to. More drilling?
2/ Tui started production. Share price went backwards.
3/ Buyback means giving money back to shareholders. Less money to go into drilling. Unlikely to happen.
4/ Like PRC and Tui, Kupe is already known.
5/ Big miners buy other miners to add to their reserves. NZO has finite reserves.
Current position is that NZOers are still looking through the window (from the outside in the cold) at the hottest party in town.