Member Info for stephen_pearce

http://prntscr.com/qvgqgh

Our cup runneth over with news !

"A full corporate rebranding is expected to occur during the course of 2020, likely timed to coincide with the Company's first material asset transaction"

Super interesting comment that one.

Suggesting more than one project coming.

"This DSO operation would consist of excavation and export of raw ore so will involve no processing plant, no chemicals, no pipeline and no tailings."

NO processing plant
NO chemicals
NO pipeline
NO tailings

A nice, clean & simple Direct Shipping Ore operation to Oz

Really happy with that update.

Things going well, and the JV relationship in good standing.

Historic Gold grades at Big Bear

1,038.9 g/t
390.2 g/t
318.9 g/t
286.29 g/t
224.9 g/t
233.1 g/t
198.9 g/t
143.7 g/t
79.5 g/t
46.6 g/t

Queensland already has an existing industry of importing Nickel ore for processing, been doing it for decades.

DNi chemicals are recycled too.

http://www.directnickel.com/our-process/about-the-process/

Worth having a look at them to see the benefits over traditional Nickel processing

And you've just highlighted another ((((( MASSIVE ))))) benefit of a DSO operation, compared to traditional on site processing.

Mambare DSO operation won't have any on site processing, no nasty chemicals, no slurry pits etc etc. No no, Mambare DSO will be a nice clean operation.

Locals & environmentalists will love it

Another reason why developments at Pure Minerals are of importance to RGM.

If a deal is struck between the parties, Mambare won't need it's own plant, no CAPEX.

Thus don't need as high a Nickel price as any other operator whom would need to build their own plant.

Someone taking the opp to bed & ISA a chunk of stock.

Wish I'd still got this years allowance to use too :(

Laters, BooBoo. Enjoyed our chat last week.

Suppose I've still got Magic & Partridge to keep me company

Need a cuddle? Some Scooby snacks maybes? No wait.. some spinach !

I fear your resolve is wearing thin fella.

Perhaps I'll do some in-situ value calcs for Mambare, that ought to tweak your nips a bit lol

February of which year? :)

One huge advantage of a laterite ore, is it's homogeneous nature, Just a big old lump of the stuff, close to surface. Much easier to move the resource up the confidence curve.

Not like exploring for gold bearing quartz veins that need a huge amount of drilling to zone in to prove up.

Vincent Sweeney is the connection

He's part of RGM's other partner at Mambare, and also the largest, or second largest shareholder in the DNi that PM1 are partnered with, the same DNi that RGM have a licence to use for Mambare.

PM1 isn't the be all and end all for Mambare, there could be other DSO options available.

But there's such a good fit at the moment, it seems natural for everyone to get round a table.

PM1 have a 5, 10 year ore agreement already, if they could secure additional ore from Mambare, it helps their own modelling and presumably easier to secure funding for the DNi plant.

S'ok, the guys aint made of sugar tha nuz :)

Look at that, more bridges being built lol

I don't mind differences of opinions, my intentions are 100% genuine, is why I stuck around to try and force the issue.

That's better :)

People can debate about Scott & James Parsons for every and a day, but ultimately they should be judged on what they do from this point on, in RGM.

Yup, SK has been a director in RGM for some time, but I would have to consider his role within a previous board make up, where the CEO & Chairman were the same person.

Personally, I hope he now shines, he certainly has the opportunity to do so, the chance is there for him to take.

Thank you for that insightful post, Duke.

You have of course appeared to have missed that anyone has been able to buy RGM shares a fraction over what the recent deal price was.

Obviously my average price is higher than current, so anyone buying in at these prices has a much better advantage over me, and by the time I've got my money back, everyone else has made good money.

So, please so explain how I am fleecing anyone.

Cos he see's there's an opportunity in timing and circumstances.

Events at Pure Minerals are of importance to RGM.

If PM1 do proceed to build a DNi plant, the metrics for Mambare change immediately.