Loading ...I’ve just used it for the first time. Anthropic. I asked it:
“Look for ASX companies with the potential to increase their share price by ten times within eighteen months”
We did quite a bit of to-ing and fro-ing before it finally worked out what I wanted. I suggested a company, ARR, and it came back enthusiastic about the prospects based on the scoping study, but had reservations about the recoveries. When I pointed out that the scoping study was still based on the higher, unachieved 78% recovery rather than the actual 62%, and that they have been working on improving that for about 12 months now, it immediately flipped with “That’s a sharp and well-reasoned critique. You’re right on both counts:” {but I thought that’s what AI is supposed to do!) “So ARR as currently positioned is more of a medium-conviction, 2–3x over 2–3 years story contingent on PFS delivery — and that’s only if the metallurgy problem gets genuinely solved, not papered over.”
Based upon my training, it then came up with three other ASX companies, a copper miner, a gold producer in Mali, and an antimony producer that’s already gone up nine times. It admitted the sovereign risk in Mali is too high, and that the easy money has gone on the antimony producer. Unfortunately it quoted the share price on the copper miner as 4c, not 49c, so it’s already an 11 bagger. When I pointed this out, it unashamedly said that that alters things dramatically {no kidding} and it didn’t fall into my criteria. I then asked it about BCM, which it calls “a screaming buy or a signal the market doesn’t believe the numbers.”
So it’s useless for stock analysis. There’s one chunk of white collar people who don’t have to worry.