Do what you want on any thread if you have the time or inclination. If they are facts based on evidence i encourage it. My points are about lrs, not any other company and are based on facts.
I offer no seeds of doubts about lrs getting into production, or being funded eventually to profuce. Its tier 1 and will happen, it will be cheap FOB. Undervalued relative to LCE/mcap per tonne, thats your opinion at this time and thats fine. When LRS is in production Sigma is a good proxy. These are all fine metrics.
My valid points about LRS exploration expenses, meters v holes, depth and time to complete are based on the math being wrong. Disheartening is that you, gareth and a number of others also see these numbers but choose to focus on other companies. Am i wrong about this, or will you focus on another company?
Its now my opinion that its lucky for shareholders very little drilling is required to now produce. LRS is no longer an exploration company and its burn rate is no longer an ongoing concern, unless of course other costs were wrapped up as exploration rather than ?, and there lies the problem. How can any of you in good conscience not identify that since October 22, until June 24 Quarterly LRS will have spent near 80mil in exploration for 100kish of drilling. It does not make sense.
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