Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
However, 10-12 holes at circa 100m/ hole doesn't constitute swiss cheese.
Given what we know about creswick it could still miss everything.
If this is the play, I'd like to see double that number at least.
Jury still out.
TS; i do wonder whether Creswick has been overthought ( is that a word?)
Given its relatively shallow and nuggety - and we know there are certainly a lot of nuggets, may be showing ignorance but is there a case for just scraping it and firing the paydirt through a trommel, a la Parker Schnabel style. Relatively low cost vs a traditional mine.
Not attacking CB - he was a salesman, it was his job to sell the story. It is what it is.
To say he "delivered immense returns for investors" is just horseshiit - and that's a fact.
It's not about being a naysayer, it's about being objective and cold -eyed.
not wanting to curb everyone's enthusiasm, but 4p was based on
1 - bullshiite
2 - furlough money
in dec 2020, the majority of people were sat around with a lot of time on their hands and limited things to spend it on. the crypto boom around the same time - same thing, speculative cash that wasn't going to the bookies. once the free money dried up and mortgage holidays weren't a thing anymore, the **** fell out of a lot of assets.
jury is out on victoria, so far they have found nothing commercially viable, certainly nothing that's going to put a floor under the sp.
for me it's lolworth that has the potential to rerate this, not going back and trying a shifty bunk-up with the ex.
Indeed.
I was also RTO'd over; there was enough time before to sell out and things looked fishy enough before it went into suspension that a call could be made.
I stayed as it was a punt - now its the one I'm most optimistic about
A JV in Victoria will involve ECR bending over & having their ankles.
The equivalent of a distressed fire sale.
QLD is where the potential is, not going back to the old slapper with the missing teeth and bad breath.
See what you mean re- ukog
Same language style slipping in some of those posts.
Whether I'm feeling up or down in ECR, I like the balance of optimism and skepticism that used to be in this bb, but right now it's pretty unreadable as it's 90% hijacked - having a rant is fine ( i do it when i feel frustrated or sorry for myself), but I find the personal and demeaning stuff distasteful.
Perhaps just ignore en masse?