RE: Purpose31 Oct 2025 12:06
For me it’s very simple. Even I think I understand it. No hidden traps. If you believe RNS, as I do.That’s a bonus!🤪 Those emojis, just getting used to them.
Picture paints a thousand words. I’ve done thousands of words, most of which made no difference.
I digress.
They’ve taken years getting to it. Amrq will soon be a commercial producer. Very high grades. Revenue, and profit from, Nalunaq, relatively soon, in mining terms,to be supplemented by Nanoq, after bulk sampling. Through existing plant. Longevity. At 450tpd in due course, at little or no extra plant operating cost - little capex, anyway.
The other sort of 50% of the business, is also yielding results to inform the 2026 exploration programme. Disciplined exploration, proving up, capital control looking ahead.
Best of both worlds seems to me, not without contained interest, at least.
All the best, pending the lab results.