Yes disappointing news but honest about the future. At least lake has the resource, good management. Seems the Chairman was aware that the time line and product produced was years away hence why he and his wife sold out at 48cents. The shorts also aware of this. obviously the lack of announcements was concerning no news was bad news but I'm a holder not a trader. Put in bottom draw and hope that they can deliver on their promise of 2027 production.
Ann: Two Phase Development to Targeted Production of 50Ktpa, page-44
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