I think you might be on to something. The best chance they have is to have gold to rise to about $1600 an ounce and that is not very likely. Compared to other problems I suspect the Indian situation is small potatoes.
That will be hard to do. Can anyone estimate the cost of mining to Rby? Forget what they have said. We need a realistic number.
" But Prof. Marbles has little use for reality"
Hey this is nothing new. Does he even understand the word? I seriously doubt it. He has lived on cloud 9 for so long there is no changing him now.
I am sure they have exceeded $400 million by now. That is a number they were using a long time ago. And they have spent many dollars since then without any revenue to offset it.
The sad part is that the pictures are somehow telling you more than they are telling others. Come back near the end of 2015 and tell us then what these pictures really did portray. It will be interesting to save your messages and wake you up many months down the road. I can give you a picture of gold and that does not mean I have it in my back yard. I will believe production when I see it and sadly enough you will have to do likewise.
Unfortunately some of these folks find it hard to accept reality and suffer from denial. Dividends are out of question for a long time and production will be much longer coming than some think it will be. These folks are overestimating this current management by a long shot.
Well at least you are being kind and giving them the benefit of the doubt. I would say the 4th quarter of 2015 assuming all goes well.
I agree. This management can only fool the naive for so long. At some point all investment banks will throw in the towel on them. I am fairly sure they will eat up the money they currently have and need more. They should have been producing gold a long time ago with the money they got in the first go around.
You hold your breath for production to start in a couple months. You are a real dreamer. Forget a dividend. Even if they go to production it would be many years before you see a dividend.
That is far too good to be true. We can only wish for a leader of this miner with the class and ability of Rob. I can not see that happening.
I am sure it will be at least $1100. These morons like Sewells were saying they could produce gold for $873 or some unreasonable price were full of it. I said that a long time ago. Rby is not even interested in producing gold at these prices.
When is the last time a photograph gave evidence of when a company would start producing gold. Pictures are great but they can not tell the whole story. You do not have a clue just what those photographs will prove to show.