Ann: AGM Presentation, page-14

First 14 Last

Share
Profile

Follow
KRogers

258 Posts.

19

01/06/18

14:19

Post #: 33435175
Share

Originally posted by Blue fox ↑

So you do your financial model first
Dream up how rich you would like to be
(In RWD and AMN case
Dream up a production number that gives a NPV
That is acceptable and work back from there )
Chasing huge production numbers to justify
The massive capex
Huge distance of roads and gas lines due to stranded locations . No consideration of the market and what it can obsorbe
In AMN case invent an unrealistic sale price
Also to support the imaginary NPV
And support capex

The logic is to have a better understanding
Of what you have in the ground
How you get it out
How fast then
the rest is dictated from that
Dictated by your reserve
Then measured resource

Would you go build a gold plant without drilling first ?
And before you reply with how big and great it is
Answer
Why don’t you have a reserve if you have proved you can get it out ?
Because if you could and someone would sighn off and it was acceptable
It would be published .

I am going to win the Melbourne cup in November
I just don’t have a horse yet

You will keep the title of the market dud
For the time being
Trigg have pulled their IPO
Obviously couldn’t get the support

Expand

You are on another planet. This is not a hard rock deposit. It is liquid. It moves. How can you define it as a reserve when it is moving?!

Even a resource is, by JORC definition: "a concentration or occurrence of solid material".

So estimating a resource using modifying factors and clarifications can work... but how KLL defined a reserve is beyond me!

RWD Price at posting: 19.5¢ Sentiment: Hold Disclosure: Not Held
1 Upvote

1 Great analysis

Reply

Top Stories

HotCopper Highlights: Your most watched and most discussed stocks this week

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

INA

Imugene kicks off Australian trial for blood cancer treatment

Trump is President Again: What Does This Mean for Crypto?

MLS

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

MLG

Flynn Gold reaches milestone exploration target for Golden Ridge

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

UBI

Universal Biosensors flat despite fresh deal with US medical product distributor

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

There are more pages in this discussion • 55 more messages in this thread...

First 14 Last

Add RWD (ASX) to my watchlist

(20min delay)
Last 7.1¢		Change 0.000(0.00%)		Mkt cap ! $9.114M

Open	High	Low	Value	Volume
7.7¢	7.7¢	7.1¢	$34.43K	481.3K

Buyers (Bids)

No.	Vol.	Price($)
4	624456	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.6¢	500	1

View Market Depth

No.	Vol.	Price($)
2	189708	0.100
1	10000	0.080
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.105	24000	1
0.110	8500	2
0.115	10000	1
0.120	32686	2
0.130	96000	3

Last trade - 15.56pm 08/11/2024 (20 minute delay)

RWD (ASX) Chart

Ann: AGM Presentation, page-14

Top Stories

HotCopper Highlights: Your most watched and most discussed stocks this week

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Imugene kicks off Australian trial for blood cancer treatment

Trump is President Again: What Does This Mean for Crypto?

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

Flynn Gold reaches milestone exploration target for Golden Ridge

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

Universal Biosensors flat despite fresh deal with US medical product distributor

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Buyers (Bids)

Sellers (Offers)