$PNRL : Paringa Resources TAC 15 Analysis

Low cost, under-the-radar 1/50 US ADR with a tiny free-float could surprise on the upside as coal production ramps up and long-term sales contracts are signed.

PARINGA RESOURCES (1/50 US ADR)

COST TO ACQUIRE = US $0.26/TONNE
COST TO BUILD = US $0.33/TONNE
AISC = US $29.24/TONNE

TOTAL ACQUISITION COST = US $29.83/TONNE

PRICE TAG* = US $599,135,550 OR US $84.74/SHARE

PARINGA RESOURCES (50/1 ASX LISTING)

COST TO ACQUIRE = AUD $0.42/TONNE
COST TO BUILD = AUD $0.47/TONNE
AISC = AUD $41.25

TOTAL ACQUISITION COST = AUD $42.14/TONNE

PRICE TAG* = AUD $846,381,900 OR AUD $2.39/SHARE

*Free-Float Methodology

Powerlifting: Is Volume Training the Enemy?

Age: 41
Height: 5’10”
Weight: 200 lbs (Starting Weight: 165 lbs)
Status: Drug-free
Duration of training: 8 Months
Supplementation: 20-40,000 IU D3 + 5g Creatine Daily

Present Lifts

Deadlift: 415 lbs; 420 lbs (13 March); 425 lbs (17 March); 430 lbs (21 March)
Squat: 375 lbs; 380 lbs (15 March); 385 lbs (19 March)
Bench Press: 265 lbs

6 Month Goals

Deadlift: 460 lbs
Squat: 430 lbs
Bench: 285 lbs

Volume may not be everyone’s enemy. It proved to be mine, however.

I have come to believe that drug-free powerlifters must lift differently, with an elevated sense of humility and a commitment to heavy, progressive poundages, core lifts, low reps, brief workouts, rest, realistic goals, and finally, enough calories to support growth.

The drug-free powerlifter will break down faster than his enhanced counterpart; one simply is not able to assimilate protein as efficiently as one who is enhanced. But I don’t subscribe to the belief that the drug-free powerlifter cannot make the same spectacular gains as the enhanced powerlifter. Those gains may simply take longer to achieve.

To the drug-free powerlifter, rest, recovery and a commitment to regular, calorie-dense feedings are all-important.

The drug-free powerlifter must be humble and a commitment to realistic goals will ensure that one’s humility is not prematurely slayed by impatience.

What is a realistic goal?

I think the addition of 2.5-5 lbs to each core lift per week is not only realistic but attainable. Plateaus will come and they must not be met with discouragement; they must be embraced. The plateau isn’t the point at which one’s regimen should be altered, but the point at which each lift is met with additional vigor and patience. Why? The plateau is the point at which one’s body is preparing to grow and potentiate the next landmark lift. It will come. Sooner, probably, than you think.

It is the plateau at which I have witnessed my body grow the fastest. It is also the point at which, especially for the drug-free powerlifter, to reduce sets and reps, while ensuring that maximal effort remains devoted to each core lift.

Why reduce sets and reps?

If your poundages have been increasing, so has the intensity of your lifts. Your body has come under considerably more stress over a shorter period of time than when you first began, when weights were relatively light and neural adaptations came quickly. Reduce the number of warm-up reps at lighter poundages in order to preserve power for maximal lifts at target weights. If you’ve hit your goal for your workout, swallow your pride, quit and re-rack your weights. Go home, eat and rest. Otherwise, you will be making inroads into recovery potential and increase the odds of injury.

How many reps?

The path to one’s one-rep max in any given workout is the sum of several reps at various poundages. It will vary from person to person, but there is unquestionably a point at which that sum is too high to ensure that one is able to perform at one’s best at target weights with excellent form. It’s up to you to determine how many warm-up reps at each weight is too many. In order to ensure that I achieve regular increases in strength at progressive poundages, I pared squat sessions down from between 8-12 reps at each warm-up weight to the following:

5 x 135 lbs
5 x 225 lbs
3 x 315 lbs
3 x 365 lbs
2 x 375 lbs (PR)

If I lifted 370 lbs last week and was able to add 5 lbs this week, I WILL grow stronger. As a drug-free lifter, muscle may not appear immediately, but it WILL come, given adequate rest and caloric intake.

If I were to plateau at 375 lbs for an extended period, for instance, I would make an attempt to break through that plateau by eliminating the set of 3 x 365 in order to preserve power for maximal lifts at target weights. A mere breakthrough of between 2.5-5 lbs following a short plateau is often enough to both psychologically and bodily propel one to one’s next PR. Over time, one finds how much is in one’s personal fuel tank, on average, per session. Sip through reserves during warm-up sets; leave the vast majority of fuel for your maximal lifts then get the hell out of the gym and refuel.

What did my last deadlift workout look like?

5 x 135 lbs
3 x 225 lbs
2 x 315 lbs
1 x 405 lbs
1 x 415 lbs (PR)

On both squat and deadlift day, I also do one of two pressing activities: seated presses with a narrow grip, or landmine presses. Due to surfing injuries 20 years ago, I do not perform traditional bench presses, which is not to say that I won’t develop sufficient strength to eventually return to the bench with a spotter that may assist with liftoff in order to avoid rotator cuff pain. In fact, I am certain this day will soon come.

Why drug-free?

I can’t imagine never knowing of what one is truly capable under one’s own power, backed by Faith. I cannot imagine not knowing where one’s own grit ends and performance enhancement drugs begin. We are capable of dramatically more than we think. Impatience is our worst enemy. To be drug-free is to be intellectually honest. Were we all drug-free powerlifters, global records would unquestionably be a little lower, but damn, we’d certainly know who possessed true genetic mettle.

Goldmining Inc. — Yellowknife Gold Project Revised Assumptions

Assumed Gold Price = $1,500 Au
Estimated AISC = $900/oz.
Resource Estimate (Inc. 50% of Inferred) = 1,428,500 ozs
Metallurgical Recovery = 90%
Gross Revenue = $1,928,475,000
Pre-Tax Operating Profit = $771,390,000
NWT Mining Tax (15%) = ($115,708,500)
Income Tax (26.5%) = ($204,418,350)
After-Tax Cash Flow (LoM) = $451,263,150
Projected Value of Project = U.S. $2.91/sh.

Based upon updated mineral resource estimate prepared by SRK Consulting.

$GVXXF : GoviEx CEO Daniel Major responds to an inquiry regarding the impact of the ’19 Zambian Tax Proposals on the Mutanga #Uranium Project, courtesy of Rob Rice:

NICF GROUP: URANIUM (REBALANCE)

Though we have chosen to make our Uranium Book public, we’ve elected to make the contents of the rebalanced NICF Gold, Silver, Platinum, and Agriculture Books private: https://blog.fahy.co/metals-book/

Deep Value Grades for Requested Uranium Issues

Wherein an A+ implies the very deepest of present value in terms of Value of Resources by Fully-Diluted Market Cap.

Deep Value Grades

Beware the Deep Value Trap

Just because it has a good letter grade doesn’t mean it isn’t a deep value trap. It’s up to you to find out why lbs. of this or ozs. of that are on sale. After all, some of the cheapest uranium lbs. by market cap available could prove the most expensive you ever buy.

Learn more about the Deep Value Grading System: https://blog.fahy.co/dvg/