Member Info for FatherTedFeck

Exactly right Mathersfinger. A decade of bs from that gimp, all neatly answered here.

Yep. Last time I hold through Lassonde Valley. But onwards & upwards.

Pig's arse!

Yeah that's bananas. Nobody is raising the lom capex before construction. That's the whole point of the upfront capex number. In 2025 you don't raise the money to replace worn out conveyor belts in 2038.

While my hunch is that the repetition of this $12 billion number suggests it's connection to reality....my conditioned debbie-downer interpretation is that it merely refers to life of mine capex.

That says NAV per share is (0.06). Doesn't the brackets mean it's negative 6cps?

Either way, NAV is irrelevant to valuing preproduction mining stocks. NPV is the main metric used, but even then the number always depends on freely chosen variables about commodity pricing, discount rates etc etc. Plus it accounts poorly for long-lived assets like Alpala.

Lol, non answer.

Mr Stackhigher, what methodologies do you prefer for valuing a mineral project?

Well that sounds good.

It's full employment for the congenitally obnoxious around here...well done the internet.

They were listed in Australia before they'd even drilled.

Bought my adt 1100% ago.

They would be looking to buy all the equity, usually.

That's the upfront capex plus all the sus cap for 100 years, more or less.

Let them enjoy a strong bounce-back from panic lows. No one listens to perma-grumps.

Sorry - Zijin, Xiangshi....they all look the same to me.

Very interesting episode of Money of Mine about these two major investors in solgold.

https://youtu.be/jTl359QF2a0?si=u4a5JCbropsWdjSI

This thing is trading @ 1/1000th of its insitu value, fwiw.

Such a drawn out, many-thousand-dollar process is a massive ball-ache to every one of us still here...but also none of us shape the price at all, and renta-crunt ship-talkers don't matter either.

Tier 1 deposit is fair enough...obv not a mine today.