Member Info for TalkingSense

No, I do DD and that includes the order book/ revenue pipeline before investing.
Can you give a few bullet points on why you have invested (I would appreciate any assistance)

Thanks LP

LHG, I think it's a very sensible question.
Who would invest in a company without knowing the order book?
I assumed that the bullish statements were made with this knowledge (so many posts on the board I thought I had missed the info)
MARWEN' seems to know that 5m have been sold already so I'm guessing that confirmation is out there - if someone can post a link to the 5m info it would be appreciated.

Wow!
Sorry I asked a sensible question....the abuse is a bit unwarranted.

How many confirmed mask orders have RMS got?

Possibly looking to invest and want to know how the order book is.

Roboklopp , As you are no doubt aware, there were different regulation for Melbourne and rural Victoria.
As our location is rural the restrictions had little/no effect on our operations, then the change makes little difference.

The big change that will enable the JV process to progress is restrictions travelling from Victoria to WA

in the mean will time top up as and when I can while as the basement price (had some more today).

Can see this getting to 1400 on Biden and vaccine sentiment alone.....and just relief that cruises will start again.
Then expect it to drift back sub 1200 as the financial reality of the debt pile is realised.

Gino, Rinse & repeat ...on the SP and the travel restrictions.....LOL.

Once lifted it will not be a 'done deal' the day after......
Site visit, followed by report back to head office and evaluation, followed by 2 or 3 offers, followed by negotiations, followed by decision on preferred partner , followed by legals, then done deal.

Excellent news for 'in state travel'
The big news here will be the lifting of inter-state travel from Victoria to WA (& visa versa).
A good indicator that it is heading in the right direction.

Perhaps the winning name "Newmont JV vehicle" was a bit of a giveaway????
;-)
….may need to be named in February !

Another $1.9bn of unsecured notes to be issued.
That's another c$130m a year in INTEREST alone.

Add more to the pile !

Would rather have a JORC resource on one prospect TBH...adds value to the SP, enables easier financing (not that this is a worry for 12 months) and shows real progress to help getter better value for potential JVs.

However with today's announcement, it's "stand down everyone, as you were, nothing to see here for a while"...underwhelming

No volume ...will swing at the end of the day on a couple of buys or sells

Puzzling that they are not starting the drilling on Blue Moon when in his last interview Craig Brown stated that proving that up to a JORC resource would be the priority????

Has a deal been done just on Blue Moon....or is it simply a change of plan.
Would be good to know the reasoning behind the change

Thanks LP...apologies I was typing as you posted

Seriously, can someone please tell me the production capacity.
I keep hearing that demand will exceed production , but what is the production rate: 1 mask a day, 1m masks a day???

What is the current production line capacity?

But why do it now if the share price is going to double in the next 6 months as some are foretelling here....surely better to reduce the dilution at the higher SP?

RESULTS OF GEOCHEMISTRY AND FIELD MAPPING AT CHERRY TREE
The Cherry Tree prospect lies on the Bailieston Trend within Historic Reserve #4 (HR4) and is located 1.5 kilometres south of HR3 (Fig. 1). The workings at Cherry Tree continue to the south to the Cherry Tree South workings. Cherry Tree and Cherry Tree South are separated by an alluvial gully. Some 30 large and numerous small shafts were sunk by the historic miners at Cherry Tree. The main zone of workings at Cherry Tree is surrounded by alluvial cover and there may be some scope for shallow extensions under the cover.

Cherry Tree geochemistry and field mapping results:
Fig. 1 – https://mercatorgold.com.au/images/2020/Cherry_Tree_map.jpg
Fig. 2 – https://mercatorgold.com.au/images/2020/Cherry_Tree_model.jpg

Detailed portable XRF (pXRF) geochemical sampling was conducted to better define the surface expression of the mineralisation and to seek extension to shoots. Some 920 readings were taken, on average 10 metres apart but sometimes as close as 2 metres to attempt to follow and define trends.

The Cherry Tree workings mostly lie on the westerly limb of a N-S elongate anticlinal dome (Fig. 2). The pXRF results show numerous zones of anomalism, mostly close to the historic workings. The anomalism increases towards the top of the dome and towards the northwest. The increasing anomalism towards the northwest is lost under cover indicating there may be some potential for remanent mineralisation at shallow depths. Overall, the programme has provided MGA with new insight into the controls on mineralisation at Cherry Tree, which is relevant to the selection of drill targets at Cherry Tree itself and potentially to other parts of the Bailieston Trend including HR3.