LD was a pretty decent mid-size project but it has become a whole lot more attractive and a lot more profitable now... AU$125M/year revenue at today's prices. I think the mine and dollars are now large enough to comfortably bring in a 3rd partner. Happy for us to dilute down to 25% and be free carried to production if a deal like that comes on the table.
Very keen to see the updated economics.
I just hope we are not doing the usual thing of changing direction and spreading our limited $$ too thin over the different projects. Would rather we focus on getting NS up and running and leave LD on the shelf until then (unless a new partner comes in and puts the $$ down to develop it asap).
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antilles gold limited
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Hartley Atkinson, CEO & Founder
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