Just looking at the company's share price, comments received from mates in the Philippines may be correct.
That country celebrates Xmas big time and the seasonal slowdown has started.
Add to this the number of Government bods making use of the free accomodation in the short term/slowing down proceedings.
Only my opinion, but reckon LAF would have achieved the near impossible if it commissions production before Santa comes to town. (Also looked at announcement earlier in November where it indicates that MGB issues will need to be cleared within one month prior to commencement of base metals operations,hehehe).
That will not alter the Net Present Value of the project but may leave the market a little weak until the company makes a further announcement.
Then again ,I could be wrong-not about the NPV, but actual earlier commissioning.
We live in interesting times.
Cheers,TAS
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lafayette mining limited
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