Ann: $8million Capital Raise bringing Mt Boppy mine to production, page-3

@Giantpandastock

As you are not going to return to this forum, I'll make this longwinded.

I grew up on a mixed farming and grazing property and as a child I worked with lots of old blokes that were form guide carrying punters.

The culture that I was born into (Rural NSW, Western Slopes) was slightly "Old World Australia, come Currency Lad"................ not overly Religious or Irreligious, loved a punt, a feed and fight

They could be cynical and positive in the one breath.

That culture of looking at things in the Sunlight seems to have disappeared from the average Australian (if there is such a thing).

Now most people like "old mate" are totally sold on an idea and can't detach from it. It's almost a Faith, come Religious conviction.

There's no certainty that PM's will be given their head and let run free.............. it might and most possibly will happen, but there's no dead cert that it will happen soon just because "it is written in the financial scriptures".

If PM's run wild, then the Derivatives Market will most likely get wiped out. Insolvencies in the associated brokerage/banking firms would be catastrophic. However, if PM's gradually rise, then many will escape the carnage that rapid change would have dealt out to them.

I actually think PM's have to rise substantially to save a lot of Central Bark Arse.......... so given the past form of those that run the World, future form almost says it will be repeated and thus PM's will be allowed to find their longer term relative price.


PS ............... on your comment about raising $$$ .................. I wish my kid's local Primary School had the skill set that this outfit has. The School Fun Run and Fair would be bigger than the State Budget