Post by
TXRogers on Apr 07, 2021 5:03am
Revisiting the Millennium Assets
I believe it was a year or so ago, when these boards were all discussing the MOY assets that Novo was in the process of acquiring (and successfully did so).
We all knew and discussed the details of MOY's "Achilles Heel" of their ill-charted business model. Be it good or bad, the Nullagine Golden Eagle mill was the primary center of the attention.
However, I often return to a single Promo clip that boasted of the business that "could have been" if MOY's management hadn't tripped up so badly.
Novo acquired the "Rosetta Stone" Nullagine mill that has accelerated their Pilbara project forward by 5 yrs or so. But it also acquired ALL assets of Millennium Minerals at the same time. Novo may put aside these assets temporarily to focus on specific priorites, but they still exist and will not be marginalized forever.
Once again, spend a few minutes viewing...
Always keep in mind the full extent of these assets, and the events that took place that brought them all home to Novo.
Tx
Comment by
ronreagan on Apr 07, 2021 7:34am
Thanks VERY much Tx for this video - I've been around just less than a year and had not seen this. Indeed the Nullagine is ripe for exploration and exploitation! The screen shot below shows the holes drilled to depth (by MOY before they sold to Novo).
Comment by
TXRogers on Apr 07, 2021 7:43am
Hey, Mr President. No positive comments on Daniela? WTF is wrong with you?????
Comment by
GrannyMcPhee on Apr 07, 2021 8:16am
This post has been removed in accordance with Community Policy
Comment by
TXRogers on Apr 07, 2021 8:26am
I can see that the Whitehouse has left some scars on you. Take care. Tx