MMB 0.00% 65.0¢ magma metals limited

something special..., page-70

  1. 10,101 Posts.
    lightbulb Created with Sketch. 656
    re: something special t4p...
    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.

    -----------------------
    No, not missing, I have already stated the "hail mary shot". Hail Mary is somewhere between $22 - $60... look up the thread!!!
    -----------------------

    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.

    -----------------------
    Yes I have, again READ the thread. The "hail mary" includes various cap ex requirements/dilution etc. I have also talked about process routes, recoveries etc on the TRO thread. Process routes are already in place (there was a mine there before). I have also commented on the Metallurgy announcement released on the 27/11/06.

    Remember T4P, there was an Open Pit and Ungerground Mine on site which closed in 1999 when Zinc was 35c pound. They thought they run out of Zinc.... TRO found some more. I think the risks of "running a mine" are pretty low. They did it onsite when it was 35c a pound....
    -------------------

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

    ------------------
    Is a annual profit of $5 a share AFTER dilution enough bang?
    ------------------

    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.

    --------------------
    I reasses all the time, that is one of the reasons I post on forums. Tro have gone from 20c to $1.30 over 3 years, with most of that in the last 2 months. This is just taken off, just in slow motion, but come back this post in 6 months and comment.... It will be interesting...
    --------------------

    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.

    -------------------
    Have they got it right with CDU or MMB yet?
    -------------------

    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.

    -------------------
    To have $130,000 in TRO stock, I guess I am confident :-)
    -------------------

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

    Cheers!

    ------------------------
    Thanks T4P. Talking about TRO makes me understand more and more the "misconceptions" people have about it. A bit like CDU.

    Do me a favour T4P, before saying "you have not", go through the posts where "I have". It will save me coming back and correcting it.

    MMB is a great looking stock, with a lot more questions to be answered. But I am in for what should be a very fun ride. Wednesday should conitinue the rocket as people dwell on the possibilities....
 
watchlist Created with Sketch. Add MMB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.