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Seven-Bullet Monday - July 18, 2022

Here is your Seven-Bullet Monday

1. A quote I am pondering:

"The most important conversations you'll ever have are the ones you'll have with yourself." — David Goggins

From the author of "You can't hurt me", this quote emphasizes the importance of us having those internal conversations. These conversations strengthen us mentally so we can go beyond previous limits to achieve new thresholds we never thought possible. They also help us act or speak off an even keel, not out of unwanted emotion or incorrect information.

2. A question I am asking myself:

How do I stay in a high-energy state?

I know I am far more effective when I am energetic and positive than when I am tired and grumpy. Making sure I keep a balance of eating, exercise, rest and feeding my brain from suitable sources will help me get the most out of each day.

3. A book I am reading:

Nature Wants Us to Be Fat: The Surprising Science Behind Why We Gain Weight and How We Can Prevent and Reverse It – Richard Johnson

This book for helping me better understand weight gain and the part that fructose, glucose and salt play. In the book, Dr Richard Johnson talks about discovering the fructose-powered survival switch that animals in nature turn on and off as needed. However, for humans, our modern diet has permanently fixed in the "on" position, making it a fat switch. It is worth a read if you are interested in how your body deals with sugar, salt, and high-glycemic foods.

4. My favourite podcast this week:

Prospecting Purpose Ep 2: Collaborative Development in the Digital Age (Tracey Cooper)

Those in sustainability and community engagement will get a lot out of this podcast. With experience in organizations such as UNDP, UNEP, Gates Foundation, IRENA, and others, Tracey Cooper speaks about genuine and balanced local community collaboration in the mining industry. I was also interested to hear how new technology presents a way to foster community participation in decision-making processes and sustainable development.

5. Hugh-Tips

Lessons from Charlie (Part VIII)

Charlie Munger's quote this week: "A great business at a fair price is superior to a fair business at a great price."

This quote explains how Munger managed to shift Warren Buffet's investing philosophy in the early days of Berkshire Hathaway. The plummeting stock market in recent months has not spared some great listed companies. With their stock prices 20% or more below 2021 levels, this could be time to heed Charlie's advice.

6. My highlight this last week

Doing a whirlwind 18 'Partnership' meetings at three of our mines

Our executive team completed 18 partnership meetings at our three mines in four days this week. With days regularly running from 4:30 am to 10:30 pm and hundreds of km travelled, it was quite the endeavour but richly rewarding.

We got to talk to every attending employee in our business, discussing our safety, operational performance, markets and projects underway, as well as taking many great questions and suggestions along the way.

7. My challenge to you for this week

Start each day with a glass of water, and keep your water uptake high throughout the day

A strong cup of coffee is my favourite way to start the day, but before that, I drink a glass of water. That first glass of water is especially essential because we dehydrate while we sleep. The health benefits of drinking lots of water range from digestion, to weight loss, to energy, to lower blood pressure, and so on.

Have a wonderful week

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