RE: Expectations...30 Jan 2018 07:53
Unusual for you to be so apprehensive Ma5k!
At this stage, all PI's can go on is the information conveyed in the RNS's to date, the fundamentals of which have been excellent and point towards LS1 being commercially viable (it was stated that the copper content alone provided viability).
I suppose what doesn't help is the can-kicking which is going on (i.e. Oh! We've now found this in the results, etc), though ultimately, to shore-up these additional finds will add value to/increase the likelihood of any sale of LS1.
Alistair Fords departure, the timing of which was unusual is not too much of a concern for me as I believe his replacement is far better qualified for the task in hand.
Ultimately, (and unfortunately) it's a case of PI's sitting on their hands and waiting for the newsflow. At this stage, It is a binary play, though the risk/reward is substantial IMHO. GLA