LTR has 156mT at Kathleen Valley and 15mT at Buldania. Projects in Western Australia / Tier 1. Apples and oranges ?
A11 is currently 30mT in Ghana (obviously with potential to increase) - but its also not an African monster like AVZ. The deposit size is comparable to the smaller WA players like GL1 (who currently have 20mT and a planned MRE upgrade end of this year). The economics appear to be the strong point here + closer to production than the other smaller players
We also have to remember that piedmont will be earning 50% of their portfolio when funding capex
A11 Price at posting:
89.5¢ Sentiment: Buy Disclosure: Not Held
