Lnd and LGM13 Jun 2024 06:53
The RNS yesterday stated this:
……“It will also facilitate the identification and evaluation of potential new project opportunities to augment the group's existing portfolio in due course. “
There seems to me to be little doubt that the strategic intention now will be to build this company in a way not really previously considered.
The statement above indicates that whilst the intention is to develop Bam to either a point of sale, or mine, it is also to look, not only at their current assets away from Junior Lake (Nevada especially perhaps), but also to look to identify new opportunities (I would suspect in Canada and the US) with a view to substantially building our portfolio.
This is absolutely another world now for Landore, and I honestly don’t think the significance of what has happened has yet been understood.
UR