posted on
Jul 06, 2008 08:43PM
Yes, they provide NSR$ return/tonne but is helps us individually to do a few of our own calculations based on what ever method and values we each individually feel are conservative enough for our own needs. Then sharing such results assists in discussion of concrete particulars. A very decent way of learning from each other while individually reassuring ourselves we have at least a primary understanding of what we should individually expect from our investment efforts. WITH ALL the data they have provided to us for our own personal calculation amusements, GIVEN that this data is now the crux of a NI 43 - 101, we can also rest assured that the data it self is based on well researched, reasoned and conservative professional practices. Thus, we have a very good baseline from which we, individually, can generate our own personal expectations both in terms of the practicality Noront proceeding into Development on its own as well as in what we individually feel is a comfortable SP given our own personal criteria for Risk/Reward.
To me, this allows each and every one of us to have our own practical independent reasoning control our investment decisions and will consequently will cause much more difficulty for those desiring to manipulate the SP and scare off many potential new (and old) Retail Investors. And that is in addition to the various Investment Funds that need such items as NI 43's etc. to help them justify and support decisions on entering as New Investors. Manipulation just got a lot more RISKY, from my view point!
Old Joe