Australia's largest stock trading and investment forum Australia's #1 stock forum

MRD

Click for more information

0.00%

0.1¢ mount ridley mines limited

Ann: Exploration Update Mount Ridley REE Project, page-25

First 25 Last

Share
Profile

Follow
Jez3240

556 Posts.

167

23/04/24

08:34

Post #: 73468102
Share

Originally posted by aceagles: ↑

it’s not faith it’s just logic, they have a massive high grade potential resource that much is proven, the company has never had that before, they have proven through simple beneficiation that this already high average grade can be increasing significantly, now they have to prove that it can be efficiently and cost effectively processed and refined.
There are a lot smarter people than you or me working on those problems.
Soon they will have their maiden mineral resource estimate, an extremely significant step followed by or perhaps even preceded by new metallurgical data and later this year their flowsheet which will give everyone an indication of the economic viable of a full scale mining operation.
The share price doesn’t worry me if the results are good the share price will look after itself and I haven’t actually lost or made any money until I sell, so there’s no use in worrying about things beyond my control. I have over 160k invested which is by far and away the biggest bet I’ve had in my life but nothing constructive is achieved by worrying about it the share price isn’t far off my average price so why worry?

Expand

no wonder u attack every negative post. U need this to come good, 160k invested.

MRD Price at posting: 0.2¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

AML

Cultural heritage agreement puts Walford Creek exploration back on the map

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

STX

Strike Energy secures $153 million for Perth Basin gas projects

There are more pages in this discussion • 1 more message in this thread...

First 25 Last

Add MRD (ASX) to my watchlist