Kukielski wants to diversify asset base...
Quote from cc: "And while Timok presents us with a great opportunity, we need to think beyond just that asset. We need to look at ways to expand and diversify our asset base in a disciplined and measured manner. Keeping an open mind to opportunistic transactions will be a potential means for us to grow and diversify." He was asked about this and said that there was nothing specific but anything opportunistic will be looked at. Why not. Bisha will more than fund itself now for the next 4 years. In fact it will likely increase their cash position as they are basically high grading it. Bankers are tripping over themselves to fund ultra high grade Timok so they can spend $150 to $200 million on an high potential project (plenty around) or a producing asset. I like this new CEO. He is thinking long term, has a plan and like he said he wants NSU to be a "multi mine mid tier producer". We can see by these first 3 months at the helm that he is charge and has started guiding NSU in the right direction...