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[USER=2104]@finicky[/USER] yes it is somewhat vague. Did read the MIN Annual report on this development. Looks to rcw1 that MIN will move operations as indicated to Lamb Creek. What is not clear, as you have alluded to, is when Wonmunna will close, moreover, will MIN continue with Wonmunna until resource is completed conjointly with Lamb Creek. If the later is accurate, then could be 4 years ...."Talisman believes the timeframe outlined in the Annual Report for transitioning from Wonmunna to Lamb Creek is broadly consistent with the anticipated production position of approximately 4 years for Wonmunna." If not, then yes agree, 12 months max.... The other variable is what TLM will do when that royalty is no longer ... where will they get the coin to replace this income??? Good thing there are shareholders Not holdingHave tradedKind regardsrcw1
[USER=2104]@finicky[/USER] yes it is somewhat vague. Did read the MIN Annual report on this development. Looks to rcw1 that MIN will move operations as indicated to Lamb Creek. What is not clear, as you have alluded to, is when Wonmunna will close, moreover, will MIN continue with Wonmunna until resource is completed conjointly with Lamb Creek. If the later is accurate, then could be 4 years ....
"Talisman believes the timeframe outlined in the Annual Report for transitioning from Wonmunna to Lamb Creek is broadly consistent with the anticipated production position of approximately 4 years for Wonmunna."
If not, then yes agree, 12 months max....
The other variable is what TLM will do when that royalty is no longer ... where will they get the coin to replace this income??? Good thing there are shareholders
Not holding
Have traded
Kind regards
rcw1
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