LOM Plan

Hi all

For those wondering when we'll hear about the ops strategy going forward, this should all be clearly outlined in the LOM Plan.

In there should be clear guidance and forward looking statements on Kt/pa, aisc, exploration, Capex + R&M budget etc etc.

My best guess is that the funding acquired will provide the necessary working capital to get this in motion. I doubt that we will see the LOM Plan before TGS is producing at nameplate because this would defeat the purpose of the exercise. They also know that the capital would not/could not be raised if it's not running at maximum capacity.

We should give the guys a chance because they inherited this disaster we're in (excl. BOD in my opinion).

To M7 I say this: The lenders are taking on massive risk to give them more money. It's not only Nikec dreaming of a utopian future, the lenders are too.

Loser