GREY:RNKLF - Post by User
Post by
goldhunter11on Sep 19, 2019 4:14pm
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Post# 30145013
Where would RNX sit on Lassonde curve?
Where would RNX sit on Lassonde curve?Some speculation o where to place RNX on Lassonde (the Z curve, like in Zorro signature with his sword) curve, for those interested, posted on ceo.ca. Note also that @yellojelly has sent a request to paul huet requesting for lassonde placement of RNX on his curve.
- "Lassonde curve: Where does RNX sit on this curve? It's a bit tricky to place RNX on this curve, since this is designed for a a junior starting from exploration through raising money to build a mine for production. The exploration portion (the front end) is exciting and the slope could be steep (going ballistic) if they have even one or two drill holes that has high-grade long intercept results. Then comes the decision to raise money, large CapEx, etc...and large spending for several years to build the mine/mill infrastructure (this is when the SP is nosing down). When all hurdles has been overcome (light at end of tunnel) the SP starts to head up when all projections are inplace (profits, etc...). NRX is a strange beast. It has both features (exploration and and long-term base production). The middle portion is already in place. It has all the infrastruture in place, so the require "CapEx" is minimal. So RNX could be put at the front end of the long-term curve (i.e. at the bottom) of the Lassonde curve, and it's moving up along the long-term leg (to the right). However, there are two possibilities:(a) if there is nothing sensational, the SP would move up with a gentle slope given the profit (USD 500/oz, x 100,000oz/yr = USD50M/yr) from the bulk operation @ 3gpt from BH and 1.8-2.8gpt from Baloo; (b) if they hit any coarse/specimen pockets, the slope of this curve would change drastically, e.g. going ballistic, from the base slope. This could happen many times depending how lucky they/we are. Just my speculation, but Lassonde may just agree with this. BTW, there is a 3rd possibility, (c) a take-over attemp, or better a bidding war,that could trigger a jump in the SP.
- From @yellojelly: @Ggoldhunter_ceo.ca lets see if Huet can get Lassonde to place us on the curve. A lassonde curve chart done by the man himself for RNX would be nice on presentations. I've made a request to Huet, I hope he will consider.
GH11
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