The Sun is rising in the East30 Jan 2024 14:02
I have listened to the quarterly Update - thank you Liam.
My summary / interpretation is that there is not a single word of negativity spoken. ( only degrees of caution ).
We have one of the finest AU / CU , and largest high grade discoveries in the safest jurisdiction on the Globe , and it is getting ever nearer to the mine and the revenues.
We have a potential 8.4 M ozs mine, ( Havieron ) , it may possibly be bigger, the grades are well above average, in fact superb , ( did SD say 3.5 g per ton ? ) . The high grade eastern brecchia is linked to the other two beautiful areas of ore, we have 1000 metres of ore depth, and maybe more , ( how many g. per vertical 1 metre depth did SD state - I missed it ??? but it is huge. ) we are 100 days ( approx. ) from hitting the top of the ore body , we are quarter 3 from the probable FS and subsequent DTM. ( these will be the explosive catalysts ) . SD always speaks cautiously , but always now decorates his caution with a hint of near certainty.
It is ( certainly ) going to start happening this year - quarter 3 / quarter 4.
And I have not forgotten Scallywag. Hints of a second discovery of AU/CU/ Nickel. A bit more patience for that.
The only current difficulty for we LTH;s is the static SP , but only patience is required for this to self resolve , though I am personally surprised that The Market has not recognised the final upward trajectory of Mr Lassonde's development curve and has not already activated some movement. But it will , - and if it follows the historic pattern, then we should be back up to the 30's.
And SD seems pretty content that we will remain in good and agreeable company with Newmont , unless the offer is so big , it could not be refused.
LTH's - please add in any detail omitted, or any correction.
Liam - prepare thyself for Quarterly Report 30th April. We should be then looking at a much more detailed and specific agenda / timetable.
SD keep the wheels turning and well oiled , and the drill bits sharp .
Tig ( I just pray that I am still around }