Looking at this summary from
@Scarpa again and it’s obvious no stone was left unturned by LTR
this is the genius of AS. Recall TO when recently boarded the Ltr train, he mentioned the PFS and DFS work was effectively a one man team - that was Adam. I’m sure he employed all his years of learnings at Lyco. And the result is what’s about to start production.
So here’s Ltr avoiding mistake after mistake after mistake of peers. Multiple mistakes avoided.
On top of that LTR will avoid those mistakes 4 times a year in its quarterly report l, further multiply 25x - that’s 25 years!
The ESG score will only magnify that advantage.
Which brings me to Warren buffet who supposedly either invested or acquired about 300 companies over the 60 years of Berkshire history, and guess what guys, out of that 300, he can identify only 12 that actually made the real difference - a 640,000% profit for its shareholders in its history so far. The key is not identifying the right or undervalued investment but staying the course.
in short, even Warren buffet had a 4% mega success rate! That’s exactly comparable to our dabble into the world of exploration where more than 95% fail to make a company making discovery or lose in corruption like the African plays of Avz, ffx and LLL
So, if you have bought 25 shares and one of them was LTR, your success rate is as good as Warren buffet. You’re the Warren buffet in your family, in your clan. On condition that you’ll hold until LTR realises ifs potential as a producer. And the best quality of an investor is patience. Can you have patience for a few more weeks and not give in to the shorters casino chips?
I know a lot of retail are still holding their sizeable stake raletive to their assets based on comments made about the Ltr register that the instos missed big time. Yeap,
Your buffet moment is just a few weeks away.
4% success rate is all we need. and Ltr is it imo.
Thanks again to TG and co, but at this juncture, a special thanks to Adam the unsung hero of Liontown.
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