I don't mind Grant because of what he did to PB. he saved ur backsides you were all holding a project worth nothing
i was questioning what sort of investor would ask TIVAN to make two seperate on market bids for TMT and AVL when the combined market cap exceeds TIVAN and they had no money in the bank and still have to pay KRR. it's one of the dumbest things I have ever heard and whoever it was mustn't of been significant because they don't understand how markets work.
@redeer read my posts on TIV over the last 3 years and you will see a lot of what I was saying all along came true.
grant isn't a miracle worker when it comes to making uneconomical deposits viable. he may be a good manager but it still comes down to the resource.
if TIVAN was as great as everyone said it was then Mount Peake wouldn't be off the table!
be very wary of concentrate grades. there is no producer anywhere in the world with head grade as low as TIV. in fact the failed windmurra was 0.5 percent. significantly higher then TIV.
Think about this from an outsider looking in. why the hell would KRR give it away if this was was going to be a life changer. NO ONE knows more about the merits on the speewah deposit then KRR management who have held it for a decade? if not longer and they gave it away!
here's a quote from largo management regarding there opex going up production guidance going down and they are blaming the "Head grade" trending down going from 0.9 to 0.8 %
that's triple Speewah grades
guess the only way we will see who is right is come 2025 when you actually have realistic DFS numbers.
