LMEs mining strategy Ok I was going to stay silent on these boards because nothing we say or speculate on is going to influence what is happening behind the scenes at LME...but in light of what's being posted ... and seeing the following applicable tweets on twitter...this may alleviate some concerns people have on here on how Cynthia is running things at LME. Cynthia appears to run a tight ship. Focused drilling. I think she gets paid (her company )$1000/day she does work on LME...and if you see last years pay...she worked most of the 365 days of the year...and we know she doesn't do trade shows or PDAC. MarkIKN writes a subscription newsletter on mining industry. If you don’t know him, he’s very vocal and doesn’t care what people think. Calls out mining scams and industry dirt bags all the time.
Anyways he is on X/twitter and posted these tweets which I think basically describes how Cynthia is running LME. I think this is a positive sign for us shareholders as her approach to drilling this project and keeping its data room available to only those interested may become the new way of doing things in the mining industry.
https://x.com/jfostertm/status/1798160316888658145?s=46&t=BQI0yz1feQq1ecYlHT_naA
If you’re a junior mining IR person or Insider you should read this & take it to heart. Reach out & engage with people directly. Stop blowing money on travel & promotion. Invite everybody to your site visits…on their own dime. This approach builds commitment…on both sides
https://x.com/mark_ikn/status/1797238461994262899?s=46&t=BQI0yz1feQq1ecYlHT_naA
If i were a young, ambitious, up & coming CEO of a Canadian Jr exploreco in 2024, I wouldn't spend a penny (or waste a single hour) on in-person conferences, in-person marketing tours, events etc. It's dinosaur level, wastes time and money. Instead my investor outreach (1/2)...
..would be 100% virtual & interactive. I'd do online webcasts, events, Q&As, I'd spend all my time in two places, 1) Home or 2) Project. When at project i'd take videocalls 24/7 from ppl, showing them around & i'd invite one and all to visit, but >>on their own dime<< (2/2).
https://x.com/mark_ikn/status/1797253770344038814?s=46&t=BQI0yz1feQq1ecYlHT_naA
My idea of simplistic is a person you are paying 300k/yr spending 30 days of that time in biz hotels, plus 10 days of that time in airports & planes, instead of doing work on rocks and/or heading up a small efficient team that doesn't need to hire another body for on-site.