AFF Member Stock Discussion

[Quickstatus]

Im seeking to understand the technology behind XRF, a WA company involved in the minerals /mining industry. My understand they sell machines and supply consumables for same which assay/test mineral samples for purity

 

[Buzzard]

I like to make money

If I can make a quick profit I'm happy to take it. EG: I bought TWE today - I can sense a quick profit here.

What's your sell price for TWE?

 

[Dr Ralph]

What's your sell price for TWE?

I think it'll get above $8 fairly quickly.

I'd take a quick 5% profit. I bought yesterday at $7.71.

But I am prepared to hold for the long term if I'm wrong.

 

[drron]

Im seeking to understand the technology behind XRF, a WA company involved in the minerals /mining industry. My understand they sell machines and supply consumables for same which assay/test mineral samples for purity

It is the use of X-ray fluorescence to analyse drill samples quickly. The old way was to send the drill samples to the laboratory and wait for 6-12 weeks for the results.
It does have a hand held device so the drill cores can be analysed in the field and you get an accurate and immediate result as to what minerals are present and how much. All the major miners do it and now happening with some of the juniors.

 

[Dr Ralph]

Looking seriously at HMC.

 

[Quickstatus]

HMC

Wow dropped more than 50% since it went ex div
...
Maybe $9 for TWE

 

[cove]

We feel that TWE are gouging the market. Their Penfolds 707 now is around $800 a bottle. I get their mailers but rarely buy and I don’t think I am an orphan.

 

[Mr_Orange]

Their Penfolds 707 now is around $800 a bottle.

Good heavens above, how much is Grange these days?

TBH, anything from Penfolds is beaten hands down by almost anything French. At $55 per bottle, I would take this every time and twice on Sundays: https://www.danmurphys.com.au/product/DM_768993/les-trois-clefs-chateauneuf-du-pape.

 

[cove]

I drink a bit of French wine when we are living in California. Penfolds seems to have lost their distributor in California.