Come on Kikker, keep it consistent… LLL last quarter and this one: *There are costs highlighted below that will be reimbursed through the JV company.
LTR who you consider to be tier 1 management…
Q4 currently for LTR unknown… however a 12% sell off the day before the quarterly release is not a good sign. *LTR to hold all the costs
LLL Management cost truly unremarkable…
15% construction growth in a quarter to now tally 60% with a H1 completion date seems like it is moving correctly… I’d say the next 30% will be even quicker than the last with an obvious slow down the last 10% as per standard on every minesite ever.
all in all, a fairly copy paste quarterly from the last. Initially, when reading, I was concerned, the lack of “on budget” commentary companies generally like to put into these things however, on reflection of the previous quarter, the style of write up has not changed.
it’s fairly standard for companies to wind down Their cash balances during construction, attempting to raise as little as much money as possible before construction is completed and profits start. This quarterly does make me slightly concerned more capital, be it not very much, may be required To get LLL’s portion over the line. It’s probably not possible to know that yet given information on hand and difficulties faced through Mali gov / supply chain issues.
I guess we Continue to sit and wait.
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Come on Kikker, keep it consistent… LLL last quarter and this...
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