The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
I'm quite a forgiving guy, occasionally "experts" and future politicians have said silly things from time to time. What's important is what is happening with RRR...
At least you don't suffer from the weight of expectation Zumore...
Nor do I, even if sunny side up...
Never feels like an intelligent spam box for many of us here Banbury, though what i will give you is that I read your heading as: our main news (at this time). Respect the genuine compliments as well...
That wasn't a spam... Thing to remember with the main news is that today is the earliest it will be announced, theoretically it could be after hours or even tomorrow morning, hopefully not too much longer than that and waiting is not always a negative.
Sound like Tray wouldn't mind POW having all of New Ballarat... well instead it might be some of RRR and the retained royalty to POW might be quite useful and potential royalties are still part of its' business model.
Responding to a naysayer's criticism of a recent visitor... I bet a pony could carry a few bags, particularly the Shetland type - though never be cruel with them. The animal (we all are) to whom you dish, did I think, speak wisely on Corcel and is clearly not "one trick". And all though wise with his reasoning, with the honesty of a horse he never did claim to be an expert. I don't regard such one off generalised claim from you to be serious, it was expressed in anger but it was hardly a joke. The occasionaly self-righteous may deem it wise to respect other humans capacity to sometimes be right.
Now on RRR, who knows?... to some extent it is the variance of chance, but you do not know.
Good chance of finding some beer then!
Thanks Helpful, a very good answer it seems to me -noting your mention of the tweet as you concluded.
Perhaps I should have said: as Banbury put it... rather than "noted". I think it is fair to say you have used a couple of different models for different scenarios which is fair enough to me and it is not too difficult to understand it is just meant as a way of thinking about production. I can't get in to mathematical variation too much - it is not my cup of tea.
Now an idea... that was put... that this company becomes better by someone hanging their boots up.. . We'll, at best from that negative perspective - and in no way a prediction - the theoretically plausible that could be said regarding that possible linear sequence would be correlation but not cause and effect.
My guy instinct is that this forum is better for your presence, I have been reading thus forum off and on for at least a year it - would be more dull and unbalanced if all else had remained the same without your posting. Even if less of the other... it would have been quiet and boring.
Thanks for the serious and the levity...
And just one more thing: a lot if people would find the back and forth of the men's French Open tennis final more appealing... Well, for me the clay... is evocative of Red Rock Resources : )
Will quickly add without going over the same ground... that report is more detailed then anything I saw on the lithium - which at the time was a little more ad hoc / adaptable to changing regulations and prces, so the more detailed report seems a more core asset at the moment for RRR so I respect the base case estimates on page 12.
Let's all find a bit of sunshine...
Banbury you noted Helpful had since pulled back from those estimates.
On the positive, that is quite a good report and page 12 is referring to base cases in the development phase. I presume without having taken a record of the comment nor knowing where to find it,Helpful was postulating, I assume it was in the development scaled up context and he since discussed that context further with a moderation of that enthusiasm - a fair enough adjustment it seems.
As junior mining projects seek to go into production with the initial base case to get to earlier on, soon is ofen a word that requires a little patience but is often still near term.
RRR might even surprise us once / if the production starts, I think a few to several weeks will be needed before fair scrutiny can be started.
With all modelling assumptions cab be the weakness, once something starts becoming physical reality that's when RRR's figures clarified and learned as appropriate become relevant.
Was reading back a few months worth from a moderate volume poster.
Confounded is not a one trick pony, as well as repeating an expression in different stocks to highlight a point of view, he does express opinions sometimes, with intelligent reasoning.
Perhaps said poster is more of a horse...
As for any particular day... if I was flicking through the t.v. channels, I would normally spend a bit of time watching the news and would personally sometimes keep an open but not malleable mind.
If passing through here - in a similar fashion, I find it a good idea... as well as other comments, to read the News...
News it was blueboy1975 and not Theeeduke who posited about you posting previously and it was on the Berringa and Sunday Creek thread.
I was here fleetingly last year and must have missed you.. Don't think your expressed motivation and your first comments on this forum will be a contradiction -particularly given the company has several spinning plates.
Even if, in the history of this company a couple of plates may have dropped without the same happiness of a Greek wedding, if any do take off like visible flying saucers there might be a few happy Earthlings...
Banbury I understand your logic but doesn't mean i agree. It would be a bit unusual to hold a detailed train if thought while also referring to oneself in the third person and it would require two twitter handles. I am assuming before the automatic, many of the train carriage handles I assume News has opened have just been one handle.
All of next week, through friday is still early June based on the mid point of the month.
80 years is nothing in geological terms, almost possible that one or two of the miners from back then could still be around, many of those workers children might be and could well remember...
In relation to millenia and given some prospective mines can have decades of yield, I think those type of articles are relevant, am not going to read every link always but I definitely appreciate that valid effort...
Thanks...
I've read a few of his posts back, don't see anything wrong with them, am not saying I agree but he is not saying what's gong to happen short term, just what he hopes re. higher base etc.
I appreciate there has been some silly comments here, don't think those are examples, don't think enthusiasm or new enthusiastic posters should be unwelcome just for their sentiment, comments can still be scrutinised but best that the scrutiny is not to cynical in my opinion.
HFB / VT used to remind us it was about market cap allowing for previous dilutions to progress the business, he used to explain newer prices before where he considered a breakout might occur, that was at an in depth level but as long as it is fair comment, even if based on short term observation irrespective of bigger news many of us are waiting for, seems fair enough to.me.
I like the stuff from FilthyLucre and Kylie1 as well.
Have a good weekend...
Depends what his comparison points are...
0.0725 is signigicantly better than 0.05 and a a tangible improvement on 0.06.
Agree that POW have more capital at the moment and I like that a royalty would be maintained.
Things to remember over the last 2-3 years, there has been debate where to IPO the asset regarding markets - if that proves to be the decision, also gold price has since gone up.
From a POW point of view in recent years Moloppo and GMET were higher priorities and that still required funds.
Anyway, I like your comments on the other forum..
Thanks Zumore, in that video Wade does explain that POW shareholders would have exposure to RRR shares and potential to any upside that might involve.
Tray556, if NBGC reorganisation does go through you will have indirect exposure to RRR shares. It didn't make sense from a rational point of view to come over here and start knocking, if you are concerned regarding the questions you ask you have routes to express such concerns with POW...
Also can't find any historical association through general web search between Lenigas and POW.
He is a qualified geologist and in terms of running companies I'm assuming he will have had some successes. How he is perceived in countries with different regulations and by people who have different interpretive qualities is one of the variables of life.
Bell probably brought him in as a consultant for his experience, someone he knows - who understands the markets... and base materials.
You are a fast typer News, I was thinking more from RRR percentage...
Am sure he's working hard given the recent RNS...
You haven't stepped on my toes, I respect all involved at those levels, ditto people chatting here...
Thanks