Trigger point9 Jul 2022 11:17
We will never be the proud owner of a free carry 30% share in 1/3 Tier 1 assets There will be a point at which Anglo (or AN Other of their choosing) will pull the trigger and take us out.When drilling starts if we (for instance) see Kamoa type grades we will get taken out immediately,Sentinel type grades and we may see a few areas drilled to prove up areas ,and somewhere in between that they will have an indicated resource quantity on which they intend to act.As PIs we will be weeks behind seeing the drill grades that Anglo do, so at some point we will get a surprise.Having already seen average grades of about 1% I'm pretty sure that we are not sitting on "dusters" and it's going to get very interesting ,very soon GLA LTH