Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Glad it helped Adrianjuk…as I’m sure it will benefit others too.particularly new investors and I include myself in this.
This company is going one way slowly but surely and I for one will not be leaving this train for some time to come.
Hold for gold people’s
Take care
Xe
Interesting link on the PHE website …7 yrs old but I’ve not seen it before. May be of interest to people who struggle to hold long term as the margins are far better IMO.
Take care all
Xe
https://microcapclub.com/2014/08/the-conviction-to-hold/
Hi Bamps, always appreciate your in depth knowledge on this forum which I guess is the same for a lot of investors here.
Off topic a bit…you mentioned PHE yesterday, can I ask briefly what your take is on this? As I remember you talking about the ITM share and look where that is now.
Thanks in advance
Xe
https://www.youtube.com/watch?v=Gn6H4LFJzgYBy 2024 gold price will double , here’s why Patrick KarinGood interview with one of the best David LinHold for gold…take care all Xe
Apologies forgot the link!
https://twitter.com/paddygall1/status/1456223511614263298?s=21
Nice reminder from Shaun Day.
https://mobile.twitter.com/theminingmaven/status/1452579954064039939
Hold for gold guys and gals.
Take care all
Xe
Hi TJ, yes I am long suffering blue.
Some people have been here 3yrs plus and have reaped the rewards. New investors will be the new beneficiary’s of this…especially if they can hold and as we all know patience is the key here. People like the info in layman’s terms and his post offered that and hopefully should help people on this golden journey.
Take care all.
Xe
If in doubt what a great shout from telegram member who posted this yesterday..keep the faith guys, it’s a steady pace but the end game will see us happy people
This right here is the problem - I still feel like people aren’t understanding what a PFS is!!
The PFS isn’t about quantification of reserves. It is a commercial document that considers cost and revenue. It’s purpose is to prove up a feasibility to mine! It’s not like the PFS has set a limit on how much will be mined!
The fact that a mine is feasible, even based on a small number of ounces, demonstrates that costs are going to be low. IE costs are so low that even at the small fraction of reserves considered, Havieron still lends itself to being a feasible mine!!
That is a good thing.
If Havieron required 10moz in order to be a feasible mine, that wouldn’t be as good as what we currently have.
I feel like people aren’t getting this - All the gold is still there and the reserves get bigger with every drill.
If it’s a feasible mine with 3moz, just imagine how profitable the whole mind is going to be by the time we’ve extracted 10moz or 20moz or 30moz.
THE PFS IS NOT ABOUT QUANTIFYING THE RESERVES.
IT IS ABOUT SECURING A DECISION TO MINE.
HAV IS SO FRICKIN GOOD THAT WE ONLY NEEDED TO PROVE UP A TINY PERCENTAGE OF OUR RESERVES IN ORDER TO GET THE PFS.
THE PFS IS THE GREEN LIGHT TO FAST TRACK MINING. THE PFS IS NOT AN ESTIMATE OF RESERVES!!!
(Sorry for the caps / rant, and feel free to delete if inappropriate. I just feel like I’ve had to explain that to a million people today!)
Hydrogen, really don’t know why you have to justify yourself to this nuisance as to me he appears to enjoy the chase for some obsessive reason. You offer excellent informative posts for all investors to digest and they can take it or leave it. Just no need for his constant dribble…
Anyway take care..looking forward to next updates
Xe