General Chat / Discussion, page-503

amazing what a big green day can do to short term sentiment.

threads were a ghost town recently now a lot of new faces which is great to see.

3c/3.1c can hold technically we look very good. fundamentally this is the home run REO project in the long term. if people have patience to hold the development cycle we should coincide with the second wave of REO shortage in 2025 onwards which is when we'll be producing.

the BFS is only 16/17months from memory. there is so much work to do, which means no shortage in newsflow. at some point between now and the BFS the s/p will hit a 3 year low. with any luck the 1bn capitulation May have set that in at 2.4c. meaning a slow grind still required but holders and prospective buyers may shift desire if the training thought is similar.

we're valued at less than biolantanidos was acquired for in 2019. most REO are up 300% plus since then.

also consider we are almost double the grade, and current resource is triple theirs. their PFS is due soon and will be interesting to see how comparable the margin is.

heres to more green days in the future.

SF2TH