anyone interested in, page-21

re: downrampers outa the woodwork? I knew there was something sassy about ya Hots haha.

Never said there wont be another cap raising. Said prob no need til later cos most of the cash is needed then when the mechano set is put together. These boys have been doing things "in time" and see no reason to change that. They got what they need for now by looks of things and U resource definition is next focus as the tedious plant construction proceeds.

THATS what excites me personally, espesh when I look at the high risk PDN situation and now ERA able to extend its over-priced (IMO) life running on similar grades as PDNs average viz around 1.5 lbs per tonne, and NOTHING else really on the short term U horizon I can bite into. And Im really searching for something else glowing to bite hard into atm .... but cant see anything worth my while so far.

And sheeesh, looks like we got that kinda 1.5 grade coming outa our ears at Mt Fitch alone, not to mention the likely residual at 8 lbs per tonne sitting in mothballs or the "likely higher grade supergene feeder stuff below", below those mothballs all around the jungle.

There is only one king of this jungle Hot Lead. And its jungle mellow yellow glow can be seen around the world now seems to me.

Prob another 25 mill bucks capex remains and reckon I could do a big slice of that for them myself amongst mates if asked considering it's only a FRACTION of market cap .... which is itself likely to substantially increase on back of U-definition before next cap raising IMO .... and instead of the multiples of market cap in the case of other U aspirants I keep being bombarded about and which are at least 2 years behind the game IMO.

But Board has ALREADY alluded to likelihood of offtake financing making up a large portion and reckon rest could be done in C-note at around 50% premium to share price at the drop of the hat. Hence my "concerns" haha that there may be no more EQUITY issue to the masses. CMR is at critical mass already for mine and reckon its last chance jokeying for whats soon gonna be increasingly scarce equity once the current round lemmings are culled and deep frozen.

What amuses me is CMR's relatively LOW marketcap atm cf to basic earnings estimates and defined values of easily mineable OXIDES ores alone, let alone all the other goodies. But that too will soon be rectified by market forces I am sure. In the hands of spivs we could be 5 bucks now already IMO. But they believe in building a "Rome to last a thousand years" in Olympian speak. So brick by glowing brick is the MO for now it seems.

Bottom line is IMO, if u are serious about getting on board, cheap enuff to do so as is at current (my)estimate PE 1.5 now on annual likely earnings from OXIDES ALONE starting end next year, without any need for naughtiness. Plebs on this boat here to be protected and educated as future Olympians, not abused like elsewhere.

But we know how crazy the world is atm. Look at the greed/fear battle raging in the US casino as institutions crumble. Id be applying the 80/20 rule in a hurry over there too if I was involved, but there simply wouldnt be enuff CMR scrip to go around once current lemming stock is bedded away for our grandkids.

And to show ya how we have destroyed the climate with our irresponsible non-green use of greenhouse gas fuels to date, the Melbourne Cup this year is forecast to be run on a DRY track ......... Zeus forbid !!!

Cut the crap Hot lead and come on board. We will need such "intelligence" in this casbah once we ourselves go on the Borg path of assimilating remnants of the megabear feeds with all that cash coming from our oxides/U plant/s soon enough. For now it's a case of being at the ready for warding off others currently bigger than ourselves with that same thought in mind haha.

And dont forget, just as at the casino manilla table, the house takes its cut at each round leaving only a fraction for distribution at the end of the game. Thats whats happening with each round of overboard washings of trading stock.

But u gotta do what u gotta do and what suits yr portfolio and strategy. We aint all Olympians in here ..... yet.

Keep it coming tho cos it allows for reminders from time to time what this is all about, espesh for newcomers who havent the scars of previous battles like the hardened and growing core of Olympian rowers in here haha.

All above in my biased opion of course of course haha.

Praise Zeus. Might slaughter a ram today in thanks.