AUR 0.00% 0.8¢ auris minerals limited

It's time for RNI gold production?, page-3

  1. 13,820 Posts.
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    Frankly Pfuzzy, I have no real understanding of what makes the POG tick, so I simply just watch. The factors involved are numerous, as well as being complex. and perpetrated too perhaps.

    However, the A$ and the US$ ratio vis a vis the pog do impact. I like to see a A$100 differential too. Atm it's about A$97 - wrong side but ok. We need much better though.

    What makes RNI different re being an investment though compared with other hopefuls (eg THX) is the gold. OK, copper is a maybe for RNI, but looks strong, but the gold in RNI tenements is real. The numbers atm state that all going well blah blah well (yes I know the 'ifs and buts') the 5-year EBITBA could be A$265m.

    RNI is not that far away from producing gold. It is at the forefront (funding permitted of course) of the gold pack imo. It is not in the said articled group. Instead it is well ahead

    Back a 2-legged rooster than a 1-legged one, eh!
 
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