Yeah thought as much GB.not saying we have a better deposit by...

Yeah thought as much GB.

not saying we have a better deposit by any means. Who knows.. Wa1 seems to have a world class one, but also the jury is out on how much our deposit may grow and also what the hell else may be present.
Also as mentioned how much will our effective deposit value or aisc grow as its defined, taking into account the economic advantages due to locality and other factors..

seems its a more well worn path to estimate this with gold but its a bit of a head fck when you take into account rare earths with all the variable metrics of mineral compostion, extraction economics, demand and the factors like mining permissions and what not..let's not add geopolitics or anything else to add to it. I'm gonna leave that to someone else with a better functioning brain than mine..

in any case.. all things being equal this announcement is actually holding more promise than I have seen from many recent announcements.

as others have mentioned our soi don't help us in terms of sp appreciation but ultimately if we have something of value it will be reflected in our market cap in whatever form. Efficient markets and all that stuff... It might take a different route to other companies but ultimately will end up in the same destination. If what we have is of value, which I think it is we are looking positive IMO.

I think it was Benjamin Graham who said In the short run, the market is a voting machine but in the long run, it is a weighing machine.

Dreadys votes are suffering atm along with the general market but at the same times it's putting on a lot if weight.

When it comes time to sell i think we will be appreciated and sold by weight and that will put a few smiles on holders faces.

Seems this is deans plan.. im sure he could have got some shareprice sugar hit by selling off the rare earths or other assets recently but I for one appreciate that he had the plums to hold out against the populist urges to live for the day and get that quick hit.

it can't be easy to take that pressure all the time when commodity prices, share price and market sentiment are in the ditch for what seems like an unpredictable length of time.
seems there are green shoots of sentiment in the commodity markets, supported by commodities prices but as yet this has not been reflected in the share price of many companies.. yet.

this is probably a good thing, esp if you are considering jumping aboard right now.. but also for those soldiers that have been battling with the recent sentiment and it's effects.

the tide is turning and with it our fortunes too think.