Rio? Lol aint happening mate

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kevin103

16,147 Posts.

3140

25/07/24

19:20

Post #: 74920330
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Originally posted by stevenjd: ↑

Stating the obvious, for every seller, there is a buyer who takes the opposite bet.
The accumulation at Bid lines to those at and previously above this valuation, continues over a range of prices.
Perhaps even lower. No-one ever rings a bell at the last sheep to capitulate, or the high either before a rout sets in.

Nervous holders ought to ask, what is in the minds of the bidders. (buyers)
Betting on even a mediocrity to return, when sellers exhaust their wits.

While many stocks are pretenders, we have distinguished ourselves with capital protection to MRE discovery, and with the Renard option to deliver low permit and finance risk.

My Bet place us probable developer, in lithium 3.0. And we wait to see what margins are still achievable in the eb of lithium 2.0 ?
Contrarians accumulate in the low cycles, from the best placed to lead the next wave.
And the market will know which stock, it will vector the money flow.

If the market has learnt anything, is that nearology is worthless. Only drill bit significant discovery lends itself to sustainable fertility. Will the market run toward proven performers ? or be fooled once more into the lottery stakes ?

Contrarians position at the lows of the bear cycle, for the seed positions into the next bull cycle. Markets are made of those who bet on the long game, and those who are too emotional at the ebb of the tide. Wealth is transferred from the impatient to the patient, but also to the owl who identifies the best in class to weather the winter with.

A 900m Renard, is a tough Elephant to hide on stage. And what its implications are that push to the front of the probability stakes for low permitting hurdles, capital and finance risk. Or even takeover value as a Hub option for the likes of a RIO. Every seller must cringe in thought of what comes when there is a different spot light turned on stage left. It is not as though our book value is empty and worthless. The opposite.

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Rio? Lol aint happening mate

WR1 Price at posting: 57.0¢ Sentiment: None Disclosure: Not Held
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