MMB 0.00% 65.0¢ magma metals limited

something special..., page-64

  1. 15,276 Posts.
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    re: something special t4p... TwinTurboCelica...

    There are a few subtleties your respomses suggest you are missing.

    These relate to "end game value"...a number the market can look towards, either as a hail mary shot or more conservative version thereof.

    Not once have you discussed process routes, recoveries, the complexities of polymetalic circuits appropriate for TRO's particular mix, cap ex requirements, likely dilution, likely NPV, etc.

    Once JORC resources are in the bag, these are the sorts of things the market becomes interested in...how much bang for your buck?

    JRV have $40b+ worth of Nickel in the ground, yet I would not apply more than .001% in any value model, such are the "influences" effeting that resource.

    By all means question the market from time to time , even declare it wrong on occassion...if it is is will eventually rectify...it always does...but id after some period of time the market is still "wrong" it is often a good idea to reasses.

    The market has an uncanny ability to get it right more often than not...it also has a very good capacity for knowing quite early that which many of us only find out much later.

    If you are confident stick to your guns...such courage, if well placed is often rewarded...but if you are not 100% confident on your position, perhaps you should be open to reassessment from time to time.

    Good luck by the way...TRO is a very good stock.

    Cheers!
 
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