LRS General Discussion, page-17823

Totally agree with you and the dawg - great analysis and comments guys

We just don't know what the geos "inferred" or assumed between the dots in the model - some of those new holes have some great intersections (and grades) so they may very well also boost the overall resource tonnage if the assumptions made in the previous version of the model were either conservative and/or not extended due to the low confidence level at that time (not enough data). Like dawg said this next stage of estimates is just really hard because we (external players) just don't know enough.

So one never knows.....maybe we could get more overall total in this next ann....... especially given the rhetoric from CG and co - but the market will be looking for a headline of 100Mt (rightly/wrongly just the nature of the game) so even though LRS will most certainly get higher reserve classification(s) and derisk etc, punters will shift on perceptions (unfortunately) until they are further convinced or just want to play the up/down short game to make money - they'll make money on the dip and next rise, repeat......but long term will be up IMO

I am convinced of the growth and high quality of this deposit and pathway to production in a great jurisdiction (with macro that is positive long term electrification) so I still hold 8M heads so bring it on!! LOL

IMO GLALTH NFA