I think calling yourself and others on Hot Crapper as "loyal"...

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lckystrke

184 Posts.

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31/05/23

18:05

Post #: 68063629
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Originally posted by tomboy: ↑

I started this thread TBC.

Many of us loyal LTH have been waiting for providence after a decade of torture, false starts & betrayals by our top holders.

i outlined here how pos can get to the TBC.
I repeat it again-

It starts with phase 1- BS offtake deal inc debt fully funded to production like pan or better (2 contracts on table now,near done)
Phase 2- dewatering of pit (done), jorc upgrades (done), mill refurbs (in process)
phase 3- restart of production 10ktpa via circuits 1&2 30c-50c club
Phase 4- HG & dissem boosts grades to 1.3% production to 15ktpa 80c club
Phase 5- circuit 3 refurb for 2.2mtpa
phase 6- 2.2mtpa production starts, production rockets to 25ktpa+ equating Nova worth $4B to IGO, $1.30 club
Phase 7- LJ mill refurb & mine dewatering
phase 8 - LJ restarts turnkey, 1.5mtpa at 1.5% at 11ktpa going to 22ktpa
phase 9 - W dewatered, W ore to BS circuit 3, boosts grades from 1.2% to 1.8%
Phase 10 - BS mill upgraded to 3.3mtpa
phase 11- hpal pox or pcam plants built at BS
Phase 12- BS open pit becomes the first global Ni super pit at 1.6km width 400m deep, SS goes to 2km depth

i can keep going.. but your mind will boggle.

Norilsk had big plans for all this hence spent $2.5B on these POS assets.

TBC is hit around phase 8.
By then debt free, divys & large cap on asx 100
While AFAF BMM left in the dust pondering their myopia.

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I think calling yourself and others on Hot Crapper as "loyal" shareholders is taking the piss.
Whingeing and whining ad nauseum would be more accurate.

POS Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
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