Recently jumped in, management has been very vocal for a company of this size and has sold me.
To me a lot of the risk has been taken out with the metallurgy already proven at Lacroma - it's a bit odd to see, but I like the fact that they are working backwards with this resource. Sugarloaf is also promising, considering its size. I am optimistic that in the long run, these guys can figure out the met issues there (sounds like it is similar to the issue TLG was having - which they have since resolved). Also promising that working with ANZPLAN, in a way, prequalifies the resource. I'm not sure how true this actually is, but it sounds like it should at least somewhat speed up the qualification period with offtakers.
From my understanding there is going to be a massive drill campaign at Lacroma (to get a resource) and Sugarloaf (further met testing) this year - sounds like half of the cash on hand is going to be burnt up in this process so it will be make or break.
Are there any indicative timelines floating around for this drill campaign?
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