Member Info for TimeLord51

ML

Fair enuff, your post of 18.20. As ever, we will have to wait and see.

Thanks

Scarlet

If you dont want lectures from remainers, or anyone else who doesn't share your politics, just stop posting politics.

Thus is an investment forum, not GB News.

Look out for ISAs too.

Taxes have to go up, and with the main ones ruled out, any others must be in the crosshairs.

Pandaem

Sorry, predictive txt.

Pandemic

One seems to have become two.

Until he wakes up this morning.

Defo. Opportunity knocks.

Almost a year ago THX sp hit 23p while gold was sub $2000.

Now gold is pushing $2400 and THX is 15p, despite significantly reduced debt, higher production and advances at Douta.

One day.......

"The worst thing you can do is engage with a narcissist as it just gives them the ‘oxygen’ they crave. The only way to deal with them is to completely ignore them, hard though it is"

Wise words. Why are they being ignored?

The point in the OP on this thread was that some of us gave seen companies in the resource space previously with apparently huge resources which are in some way unconventional (HUR) and/or missed by previous explorers (SOU) or combinations of such.

For whatever reasons such discoveries need a LOT more proving b4 commerciality is established.

The onus is on any co to prove that any new discovery is exploitable commercially. Until that is done, likely with a pilot plant, ( and/or a credible partner) doubts will be expressed.

ML

Yes, sensible advice. I am not giving LH credence, just saying that his points kinda resonated with my own doubts.

As I say, likely all is well. But....I just cant shift my own little nagging doubt, so will sit it out 4 a while.

Interesting to see how the bb has evolved today. Otoh we have new posters telling us we're now worth $Bs and a TO is imminent. Otoh LH is back saying it's all dodgy and needs more analysis.

ML is happily following the co line, which is backed up by previous AGEOS posting.

I am tempted by the co view, with apparently sensible and knowledgeable posters backing it, that this is a huge resource and we're iff to the races.

But something sits a little uneasy with me, as LH's line of this sudden convenient weathered cap accords with my own nagging doubt.

Probably allison well, but I think I'll just sit this one out for a while.

I'm also mildly encouraged to find I'm talking to myself here ( tho I know a few others are watching).

Clearly the herd have not arrived yet, which they surely will at some point, and that in itself should see the sp driven higher.

Quite a blessing to be on a civilised bb with no rockets, booms, or insults. It won't last!

I think I've been plugging that last line for some time.

Oldslow

I do not disagree the scale is certainly huge.....I just see nonpointbin extrapolating it higher.

As I said quantity is no longer an issue.

Drilling to define the resource is part of the story here, my point was that trying to extrapolate value is pointless when dealing with an unproven mineral.

#EEE are clearly confident that will be non problem. The wider market and mining community, appear to be unconvinced, so a larger resource may not yield a higher valuation, at least not at this stage.

"can we take this one step further at this stage and put any sort of value to this 3 billion tonnes of titanium rich ore?"

No. It's still in the ground. Processing route unproven. Quantity is no longer an issue.

We dont know what form of deal will be struck, but the RNS refers to potential JV, FO, or sale, rather than off take.

Q3, should say.

Ofvtheres one small pre revenue miner where you dont have to worry about dilution, its this one.

Fo by q2 sees to that.