WMG 9.26% 29.5¢ western mines group ltd

I think you all miss the point.You do realise you can be excited...

  1. 139 Posts.
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    I think you all miss the point.

    You do realise you can be excited about the results whilst simultaneously know it’s not a slam dunk, right? They are not mutually exclusive.

    Also can anyone say with confidence WMG has actually asserted that they do not believe they need a high grade component? Because that’s all what I am saying. As it stands, mulga tank is not economic without a high grade component.

    it’s funny I was actually going to address this boffin in the post you replied to however I thought perhaps this wasn’t going to be brought up.

    one thing people who are not geologists or work in mining technical roles do not understand is that PHDs do not equate to commercial saviness and understanding of mineral economics. In fact most geologists with PHDs are incredibly uncommercial, have minimal understanding of economics. They’re married to ore principals and do not like going against the grain (I chuckled when I saw John hronsky mentioned above)

    regardless - I’m sure he’s commercial and not a boffin, let’s give him the benefit of the doubt. he obviously is very intelligent and a good geo! So in that case, I bet my bottom dollar he would be the FIRST guy to tell you that you need a high grade competent of the feed to be feasible as an economic success!

    PS: if you spent your working life specialising in a certain topic there is the possibility due to the love of the idea and concept you may lose you ability to be truely impartial and possibly fall in love with the idea of a second Mount keith.

    there’s always a flip side.

    anyway I’ve said my peace. As mentioned before I am not here out of malice. Just know when to exit. There have been many nickel explorers in the past which have burnt good people who were overly optimistic. Be careful and know when to take some money off the table. Most recent example can be seen in estrella, even MHK and RAG to an extent.

    I’m just a grumpy old bastard.

    enjoy your week.
 
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