Ann: Significant Increase to Finniss Resources and Reserves, page-130

I am holder and I 100% agree the increase is not material. Six months or so, I sold a lot of my LTR to buy more of CXO.

There is a simple reason why CXO is so close to LTR share price even with magnitude lower LOM and JORC. This is not some fluke or a mystery.

Simple research.... CXO SP will be higher than LTR at first profit and this is easy to check, look at thousands of pre production miners share price to first shipment.

Basically if everything goes to plan for both CXO and LTR perfectly and follows historical share price action....

• When CXO makes the maiden shipment last qaurter 2022 CXO will have a higher share price
• When LTR makes it first shipment LTR share price will be higher than CXO in 2024.

Investing isnt like following football team for life, it should be like playing the game to maximise your profit.

Note, you could be right and CXO vs LTR share price could buck the trend of thousands of other juniors hence I have hedged and own some LTR as well.

Don't fall in love with stocks you own. It is just a means to make money.