General comments/chat, page-43523

My goodness, the Death & Disaster crew are up early - no doubt to see if the sun was going to rise this morning.

Terry is checking for us on imaginary carparks and a volcano that last erupted in 1538.

Only 600 kilometres from the greatest pure-white undeveloped kaolin deposit in the world lies the Mt Gambier / Mt Schank volcanic complex. This is classified as 'dormant' and hence could explode at any second - with catastrophic effect on one thousand sheep nearby.
Probably should get an update on that situation from HoneyHole.

Meanwhile...ADN have just advertised for 3 mid level positions to start immediately. It seems to me we're set to go mining.

Does the share price double on that announcement?

Currently on a Market Cap of $56m. What MC for a mine about to go into production (with an Internal Rate of Return between 25 and 30% - with ramp up options having an IRR of nearly 80%)? A market cap of $200 - 300m seems plausible.

Meanwhile - as we wait for the inevitable finance announcement - the sun has risen and not a volcano or asteroid in sight. The birds are singing, the missus has left for work. The market is about to open. It's going to be a beautiful day.