." AI - This explanation makes me realise what a big bubble AI is. Apparently the mag 7 are planning on AI capital expenditure of $US1tr over the next few years which is massive - the big issue is that they are NOT expensing the capital cost through their P&L over inflating current profits - instead capitalising it - the impact is to inflate current profits at the expense of future profits.z'
yep had a variance to this discussion with the Neighbour while cutting firewood last week.
All those sophisticated fund managers (apart from Rusty at Nero) who would have been using their AI and geological modeling software on buying ETFs and gold producers , failed to realize AI does not have an algorithm yet to show the blue sky potential that the early high grade wide intercepts at NN were likely to continue at depth in an orogenic/epithermal gold lode , when the share price was 10 cents .
Meanwhile a few drop kick scorned at by the pros , retail investors and SIs and Nero saw the potential with back of the envelope calculations and basic geological modeling rather than AI
So keep using your AI fund managers and be happy with your 5% Annual returns
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- Ann: Dalgaranga Gold Project - Mineral Resource Estimate Update
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Ann: Dalgaranga Gold Project - Mineral Resource Estimate Update, page-176
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Last
$2.02 |
Change
-0.050(2.42%) |
Mkt cap ! $2.588B |
Open | High | Low | Value | Volume |
$2.10 | $2.11 | $2.02 | $7.909M | 3.833M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 53479 | $2.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.04 | 5023 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 53479 | 2.020 |
2 | 27970 | 2.010 |
8 | 39240 | 2.000 |
2 | 11050 | 1.980 |
1 | 2500 | 1.965 |
Price($) | Vol. | No. |
---|---|---|
2.040 | 5023 | 3 |
2.050 | 70585 | 4 |
2.060 | 21470 | 1 |
2.070 | 21470 | 1 |
2.100 | 40618 | 2 |
Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
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