Ann: Dynamic Modelling Produces Outstanding Results at Rincon, page-51

Beahahahahahaha

Now I’ve heard it all!!!!!

According to some, apparently this announcement isn’t good news!!!

Iirc:

Prior production estimate:
10,000tpa for 16.5 years
Prior resource estimate: 245kt
Total product estimate: circa 165kt

Current production estimate:
12ktpa for 42 years
Or
24ktpa for 22 years
Total product estimate: >500kt

Resource estimate (as announced Jan 2024) increased by 180%
Total product estimate (announced today) increased by over 200%

….yet it is, apparently, a “worse than expected result”.

LET THAT SINK IN.


Oh, and we got this zinger for free too:
“there was talk about 50KTPA production in the announcements”
ROFL


Beware the disgruntled wolves and DYOR!!!!!!