Post by
AlwaysLong683 on Feb 02, 2024 1:53pm
So, Let's See Here.....
Appears the FS will likely look something like this:
LOM: approximately 25 Years
P&P Reserves: between 7M and 8M AuEq
Average Annual Production for LOM: approximately 300,000 AuEq
Capex: between $800M and $1B
Predictions:
Financing:
Debt
+
Joint Venture with TLG maintaining majority control (boooooo.....)
Possible:
Equity Raise
Copper Offtake Agreement
No streaming or royalty agreements
Other Predictions:
TLG and JV partner will build the mine themselves though to first pour.
TLG's portion of ownership will be bought out eventually (don't know when) in an all-share deal.
I'm still likely to make a large, one-time purchase at some point in the first half of 2025 provided things go as planned at TLG (though I'm not going to like the PR announcing a JV agreement if in fact I'm right on this).
Let's see how I do (oooh, this is exciting......).
Comment by
metalhead666 on Feb 02, 2024 2:07pm
You really should consider having some shares now....we're going to go from largely unknown hole in the ground to significant gold and copper mine shortly
Comment by
AlwaysLong683 on Feb 02, 2024 2:40pm
One correction: Though I think it would be last on TLG's list of financing options, I shouldn't totally rule out a streaming or royalty deal, so let's change that one to: Least Likely / Minimal: Streaming or Royalty Agreement(s)