Of course we have had approaches for LJBMM BHP WSA IGO all would...

Of course we have had approaches for LJ
BMM BHP WSA IGO all would love to get their hands on it for under $1,200M but will diss it and talk of it at $100M likely ignoring the large infrastructure, EA AR and NH geo work on it & LionOre/Norilsks $880M cost to build it all

How did the CAD JV with SS go?
total failure other than a 10 MBer for CAD holders and lost MC & lost $1M.

Yet now SS is crucial for access to GS & to restart POS production so it was total folly in hindsight to hive it off.
POS dodged a bullet there.

So this is how LJ will go too if hived off in a JV & eventually a large loss & waste of costs and time.
The only JV that BMM WSA IGO want to see is a cheap dirty deed in their favour where they get it for under $100M and flip it for $2B thereby losing large value to POS LTHs

Long term, LJ is worth just as much as Nova Bollinger
NH refered to LJ as having a Flying Fox type deposit but horizontal in Abi Rose (AR), NH was jumping for joy.
WSA has mined flying fox for 10 years+ now and worth $1.5B at one stage.

And as the NP rockets & the more high grade that is found there the higher the loss to us that ditching LJ would become.
If building mills & mine is so expensive and difficult (cost SIR/IGO $1B over 3 years at Nova, costs the chinese $500M each in Indo),
then why the heck would you ditch this one with turnkey restart, an airstrip, AR EA super high grade and 140 person accomodation camp?!

LJ is sitting on a plate just like SS was ready for high margin low capex production restart.
thats why in 2015 it almost did with NP at 6-7 (now 8.20)
read this and weep, -

https://wcsecure.weblink.com.au/pdf/POS/01625851.pdf

Dodge the bullet, restart LJ also using GS FCF in Dec 2022!
Once NP is over 8.00 it too would be total folly to ditch LJ & make a fortune to someone else. We LTHs deserve the fortune instead.

KEEP LJ, the jewel in the crown.