Post by
tinker901 on Oct 20, 2023 7:53am
Yesterday's big losers
LAC and Tesla have lost respectively 12 and 9 percent.
CRE's 6% was also a big setback.
There arte still 7 business days left in October...........
Can we hope for a deal by then ?
News about grab samples are sort of good, but not the same as a certified increase of Rose's tonnage.
Again PR is being prudent ( too much ?) in the latest NR would it have been wrong to add that the recent discovery would increase the mine life of Rose and could easily be trucked to our crusher ?
If that is the plan or objective, why not put it in words.
Comment by
Wheeler on Oct 20, 2023 8:10am
In the quote from JSL it mentions that it is within trucking distance, what I think is important to spell out is that these discoveries are covered under the rose permit and therefore they don't have to repeat the entire permitting process, at least that is my assumption. It would require an amendment to the existing permit but that would not take nearly as long.
Comment by
tinker901 on Oct 20, 2023 8:21am
Right Wheeler, It would not take as long and we have 17 years to get it done. But you are quoting JSL as saying that it could be trucked, but those words are absent in the NR.....of course
Comment by
Wheeler on Oct 20, 2023 8:26am
Agreed, as always their press releases can be much longer and more detailed.