$2 Club, page-564

Why do I bother, but here goes anyway.

• Will have to be in production to get to MC of $600m, after that lets hope it continues to appreciate.
• You compare ore tonnes production with mines with much higher grade and you compare grade with mines of much higher ore tonne production. There is nothing rational or logical about this approach.
• I don't think I'm "dissing" anything by pointing out that it isn't as perfect as you'd describe. Yes, some of it can be mined and processed, but multiplying the resource by a few factors and calling job done is very naive.
  
• Putting value on the entire in-situ resource and ignoring the fact that a good proportion wont be mined is deceiving the less informed people out there
• And no I wouldn't have the first clue about mining - obviously. Nor does the market which fails to grasp your brilliance. But I do know getting emotionally attached to investments usually ends in disappointment.