The results have added to the LOM.
The Stage 1 & 2 are published so updated resource / LOM will likely support this for 20+ years.
If once the new MRE is published it could support an increased stage 2 or possibly introduce the concept of a stage 3 we could expect an increased SP. IMO.
The issue today with FFX is the fact that a political issue has taken the edge off these results.
The results are stunning and most companies would fly as an explorer. But LLL is now a developer.
I dont expect to see true value in the SP even with the African discount until the first appendix 5b showing income on the cash flow statement is issued if I’m honest.
Until then patience is required as much as i find it annoying.
Reminds me of 70c GXY days in 2019/20. Look how that turned out!!!
The results have added to the LOM.The Stage 1 & 2 are published...
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