Yes RC I think Tony and team carefully selected from what must...

Yes RC I think Tony and team carefully selected from what must have been a large range of options (60 or so?) what looks like a pretty safe bet, to convert us from explorer to producer. PEA to JORC is not a colossal stretch surely.

I'm not saying a presale is optimal, as it might reduce our upside for the future if Zinc really starts to rise. But the fact is that must be people out there who can read the available information a bit more clearly than a few traders in HC.

Some of those might be analysts for bankers who lend to the mining industry. A loan secured on good terms would not be as dilutory in real effect (compared with the revenue and upside) as some maintain. The key is restrictions on sale of any shares issued before a certain date or event. A bad loan has no restrictions and can smash the SP. I've seen that many times.

If you look at the huge revenue figures, that's a heck of a lot of upside to soothe LT shareholders.

Part of this is not accepting past assumptions but looking at the actual circumstances which apply to Oposura. Some have said the resource isn't big enough, totally ignoring grade or that it's so cheaply and easily mined and processed.

Yes, you get it that Alacran is a win/win for us as even if they walk, we still get to mine what is readily available to us after the delay. Of course we all hope differently, but not sure how long it will take Teck to find any significant Cu. Not sure how much they are consulting with AZS in their decision-making process as part of that.