Joannie, great management matters very little if macro economics...

Joannie, great management matters very little if macro economics are unfavourable. No doubt they will do their best, but so far they have been blessed with favourable circumstances. This is a one trick pony so It's now time to test the viability of LTR in the long term and to evaluate whether an underground mine with all its additional costs can survive in a situation where above ground mines are being placed into C&M to ride out the storm now on our doorstep. They will be back at some stage soon. I'm hoping investors will get through this, but it's going to be a long game and who knows what can happen. Life is not always simple and its highly possible that the price today is the best you'll get for a long time.

I don't like the fact that management told us in October 2023 that we were fully funded, yet here we are with the Banks having withdrawn debt facilities and asking for a review of financing. That's not good in any situation, moreover today with what's happening. Eventually things may change, they may even change for the better, but this maybe the nail in the coffin as well. Who knows? What's your take? Do you know something no-one else does cause as it looks things are pretty grim aren't they! Pls don't talk about supply demand scenarious because none of this can be controlled by LTR now, they are part of the game and will live or die depending how things play out in the spot market and beyond I'd reckon.

That's it from me unless I see more bola bola posts telling us to buy ............