Is it time for Care and Maintenance?, page-129

"Welcome to the land of analytics. Projected figures means a forecast of potential prices at he time of the intended activity occurring in however many years away. It’s logical. Saying in years to come the price would be today’s price would be laughed at as it will be now with you. Should you have any evidence to definitively demonstrate the projections are impossible. Please supply it. If not. Then you would be left with no substance to back the frivilous hot air"

You are obviously one of the many tragics that have fallen for the REO price bubble story. Suggest you look into the ACTUAL cause of the REO price bubble rather than fall for all the glossies and "analysis" that have been released by companies and "experts" created during that era. To give you a hint, it wasn't caused by market supply/demand. 

The fall out from the REO price bubble period can easily be seen by the subsequent collapse of REO prices caused primarily by demand destruction as end users developed ways to substitute, reduce and eliminate use of RE in many applications. This is basic stuff that anyone investing in the RE sector should know and understand by now. RE, just like any other commodity, has an economic price threshold. The REO bubble prices are a perfect example of what occurs when the economic price threshold is breached. It again happened during the REO price spike of 2017 although nowhere near as severe but gave a good indication of where the threshold was at.

Not sure what future projections you are specifically referring too but can you point out to me one "analyst" or RE company report that has accurately predicted future REO prices over the last 6 years. Doesn't exist. So tell me why their current predictions should be any more believable. When future predictions are concerned no one can give a definitive, that's just ridiculous. For years I have been calling out the fantasy REO price forecasts used by all junior RE companies and "analysts" as BS, its all here on this forum in my posts as evidence. I would rather back my own analysis that has proven to be accurate over the years rather than the "experts" and glossies. That is RE supply/demand will remain in balance for the foreseeable future.

As for your pathetic attempt at sarcasm, you are clearly the newbie here who needs to look beyond the company glossies and magic puddings. You can try and corrupt and misrepresent my views all you like but the basic premise of low grade resources not economically viable is sound which is evident by all RE juniors with low grade resources relying on fantasy REO prices in their feasibility studies to make their projects viable and ultimately never making it into commercial scale production.  And yet again I have used two simple metrics, grade and REO prices, to prove my point.

Heres your two statements again in case you forgot.

"Grade doesn't determine viability or profitability."

"You cant judge the worthiness/profitability of an individual company based on general market fundamentals".

Damn straight you can dude.