Yes, agree.
Can’t remember if LRS has calculated strip ratio, but it won’t be pretty.
Adina is almost like the perfect orebody to mine.
Especially in the first 10-15 years - near surface and high grades.
It’s the sum of the parts (depth of mine, strip ratio, $900m infrastructure for $52m etc.) that add up to a great long term investment, regardless of SP today.
And in terms of road and permitting, I think we will be pleasantly surprised with how quickly & smooth these will come to pass.
Government and battery industry needs Adina to be up and running asap.
I'm sure the govt will be chipping in for the road as well, with all the green energy money they are putting up.
Expect more positive news announcements in the coming weeks.
Yes, agree. Can’t remember if LRS has calculated strip ratio,...
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