NRZ - NeuRizer Ltd
- Thread starter Mistermoon
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Sean K
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Re: MTN - Marathon Resources
Couldn't say, would be just a pluck. Might even end up. Some 'value' investors might see this as a buying opportunity. I'm sure Halba's buying on any pullback.
Re: MTN - Marathon Resources
Kennas I'm sure you've got a crystal ball hidden away somewhere.
MTN now @ $5.75
Kennas I'm sure you've got a crystal ball hidden away somewhere.
MTN now @ $5.75
Re: MTN - Marathon Resources
I'd like to see a retrace today... I guess it's happening... I'm happy now... quick sudden jumps make me nervous... I need consistency
Couldn't say, would be just a pluck. Might even end up. Some 'value' investors might see this as a buying opportunity. I'm sure Halba's buying on any pullback.
I'd like to see a retrace today... I guess it's happening... I'm happy now... quick sudden jumps make me nervous... I need consistency
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Re: MTN - Marathon Resources
well back on board MTN after today at 5.40, very little sellers up to $6 could be a quick turnaround as ive learnt in the past with MTN
well back on board MTN after today at 5.40, very little sellers up to $6 could be a quick turnaround as ive learnt in the past with MTN
Re: MTN - Marathon Resources
I am thinking of bidding for 1000 shares if it gets under five, but for now its just a waiting game till labour conference. If conference has positive outcomes for MTN then it will be good. Remember anyone selling will do so knowing full well that the conference April 27-29 will likely decide in favour of SA lifting the ban.
I am thinking of bidding for 1000 shares if it gets under five, but for now its just a waiting game till labour conference. If conference has positive outcomes for MTN then it will be good. Remember anyone selling will do so knowing full well that the conference April 27-29 will likely decide in favour of SA lifting the ban.
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Re: MTN - Marathon Resources
Looks like it might get under the $5 mark today !! might be worth picking up.. sitting at around 5.30 at the moment... down - 2.75%
Looks like it might get under the $5 mark today !! might be worth picking up.. sitting at around 5.30 at the moment... down - 2.75%
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Re: MTN - Marathon Resources
MARATHON RESOURCES APPOINTS NEW CHIEF EXECUTIVE
AS THE COMPANY MOVES INTO ITS NEXT STAGE OF
DEVELOPMENT
MTN sp is on a bit of a rise again although i still think it will fall a bit more over the next few weeks.
MARATHON RESOURCES APPOINTS NEW CHIEF EXECUTIVE
AS THE COMPANY MOVES INTO ITS NEXT STAGE OF
DEVELOPMENT
MTN sp is on a bit of a rise again although i still think it will fall a bit more over the next few weeks.
Sean K
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Re: MTN - Marathon Resources
I've topped up on this one today as soon as I saw green.
Seems to be a general revival of u stocks today.
I'm putting my money on this will continue next week with all the hype surrounding meeting - MTN should benefit.
This new CEO MR Hall better improve their marketing campaign an also learn some chinese lol
I've topped up on this one today as soon as I saw green.
Seems to be a general revival of u stocks today.
I'm putting my money on this will continue next week with all the hype surrounding meeting - MTN should benefit.
This new CEO MR Hall better improve their marketing campaign an also learn some chinese lol
Re: MTN - Marathon Resources
I read an article in the Weekend Australian on Apr 7-8 (i know this is a bit late but I have just read it) and Warwick Grigor was saying that Marathon resources was already in his viewed "Fully Priced". What are poeple's thoughts on this?
Maybe this has already been somented in this thread.
I read an article in the Weekend Australian on Apr 7-8 (i know this is a bit late but I have just read it) and Warwick Grigor was saying that Marathon resources was already in his viewed "Fully Priced". What are poeple's thoughts on this?
Maybe this has already been somented in this thread.
Sean K
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Re: MTN - Marathon Resources
in the thread. I personally don't think it's fully priced. When you compare it's market cap/lbs U to other explorers/developers it seems to be much cheaper. (please check back through thread for comparisons) Or, does it mean that it's fairly priced and the others are expensive? I'm not sure if that perspective has been fully appreciated to date. Perhaps the answer is somewhere in the middle.
Yes, I think it's been well 'somented'
in the thread. I personally don't think it's fully priced. When you compare it's market cap/lbs U to other explorers/developers it seems to be much cheaper. (please check back through thread for comparisons) Or, does it mean that it's fairly priced and the others are expensive? I'm not sure if that perspective has been fully appreciated to date. Perhaps the answer is somewhere in the middle.Re: MTN - Marathon Resources
Time to send mr warwick grigor an email re: fully priced pfffffttt
No way fully priced: resource upgrades coming as per last announcement. Also more focus on 'production' with latest CEO appointment. Looks like they are focussed.
Time to send mr warwick grigor an email re: fully priced pfffffttt
No way fully priced: resource upgrades coming as per last announcement. Also more focus on 'production' with latest CEO appointment. Looks like they are focussed.
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Re: MTN - Marathon Resources
i think you will find some answers will find in a BFS (when eventually released) which will show how expensive an underground mining operation will be.
i have wondered why MTN can command such a low market cap compared to its peers, upon doing quite a lot of research i believe some of this to be priced into the type of mines each different company will eventually operate.
obviously grade is king in everything and is very relevant when comparing mining techniques.
open cut mining is suited for low to high grade material that is close to surface. obviously if there is a large resource that is of low grade it can still be economic to have an open cut mine due to low costs of recovery.
as a resource gets deeper the grade needs to increase also to make it economically viable to recover the commodity. if an underground mine is warranted then the grades also must be substantially higher than what could warrant an open pit mine.
for eg (hypothetical) an open pit uranium mine might be financially viable if there is at least 10 000 tonnes contained uranium at 0.01%
for an underground mining operation it might be financially viable if there is at least 15 000 tonnes at 0.07%
now im not sure of what exact figures make a mine financially viable HOWEVER one must also compare these types of mines.
many people have wondered why AGS has a much larger market cap for a smaller (percentage) resource than MTN.
the type of mine that AGS will have is in situ leach a process by pumping weak acidic liquid down on side of the resource seeping through the uranium deposit and pulled up the other side. the solution is then refined to recover the dissolved uranium.
in situ leach mining is very cost effective takes minimal time to set up and is only limited to how much solution can be pumped through the deposit.
now in MTN ann it is stated that due to environmental issues an underground mine would be used to remove deposit. the underground mining operation will take a lot longer to get in place, operate etc, as well as been far more costly.
a lot of people have also been astounded as to why PDN would go for SMM when MTN have a huge resource, well think about it, PDN have obviously done their research and decided that the SMM resource was more viable to go after.
why would that be??
the type of mine they will use. now halba has also stated that WME grades are to low to even warrant been looked at BUT because of the resource proximity it could eventually be viable for open pit mine. there is in fact a BFS been completed on a mine near WME with avg grades near to 0.01% much lower than what WME has already found (and i will post research on this just have to go dig it up).
so in all obviously the companys that can get a mine up and running the quickest and CHEAPEST will command a higher market cap, hence AGS is at such a large market cap and now CUY is starting to show a lot of interest.
this is purely because the type of mine AGS and CUY (in situ leach) will be cheap and quick to set up.
so IMO it might also be viable when comparing resources and companys etc to consider the type of mine they will need to get up and running, leading to time capital cost etc etc.
i think you will find some answers will find in a BFS (when eventually released) which will show how expensive an underground mining operation will be.
i have wondered why MTN can command such a low market cap compared to its peers, upon doing quite a lot of research i believe some of this to be priced into the type of mines each different company will eventually operate.
obviously grade is king in everything and is very relevant when comparing mining techniques.
open cut mining is suited for low to high grade material that is close to surface. obviously if there is a large resource that is of low grade it can still be economic to have an open cut mine due to low costs of recovery.
as a resource gets deeper the grade needs to increase also to make it economically viable to recover the commodity. if an underground mine is warranted then the grades also must be substantially higher than what could warrant an open pit mine.
for eg (hypothetical) an open pit uranium mine might be financially viable if there is at least 10 000 tonnes contained uranium at 0.01%
for an underground mining operation it might be financially viable if there is at least 15 000 tonnes at 0.07%
now im not sure of what exact figures make a mine financially viable HOWEVER one must also compare these types of mines.
many people have wondered why AGS has a much larger market cap for a smaller (percentage) resource than MTN.
the type of mine that AGS will have is in situ leach a process by pumping weak acidic liquid down on side of the resource seeping through the uranium deposit and pulled up the other side. the solution is then refined to recover the dissolved uranium.
in situ leach mining is very cost effective takes minimal time to set up and is only limited to how much solution can be pumped through the deposit.
now in MTN ann it is stated that due to environmental issues an underground mine would be used to remove deposit. the underground mining operation will take a lot longer to get in place, operate etc, as well as been far more costly.
a lot of people have also been astounded as to why PDN would go for SMM when MTN have a huge resource, well think about it, PDN have obviously done their research and decided that the SMM resource was more viable to go after.
why would that be??
the type of mine they will use. now halba has also stated that WME grades are to low to even warrant been looked at BUT because of the resource proximity it could eventually be viable for open pit mine. there is in fact a BFS been completed on a mine near WME with avg grades near to 0.01% much lower than what WME has already found (and i will post research on this just have to go dig it up).
so in all obviously the companys that can get a mine up and running the quickest and CHEAPEST will command a higher market cap, hence AGS is at such a large market cap and now CUY is starting to show a lot of interest.
this is purely because the type of mine AGS and CUY (in situ leach) will be cheap and quick to set up.
so IMO it might also be viable when comparing resources and companys etc to consider the type of mine they will need to get up and running, leading to time capital cost etc etc.
Re: MTN - Marathon Resources
I believe blr should be added to that list of potential in situ leach miners.
I believe blr should be added to that list of potential in situ leach miners.