"interesting how the MD quoted at the AGM that the feaso on the alluvial mine will net 4 mil a month based on $500 a ct (my understanding) - mine life 5.2 years and hoping to kick off dec 2014 - all things going to plan"
My understanding as well.
At the AGM, Miles kept repeating/emphasising that LOM is averaging $9k/ct. The feaso study is based on $500/ct and they net $4m. At an ave of $9k/ct we wld be netting approx. $72m/mth based on the above.
Is that a reasonable assumption to make?
Cheers
trading halt, page-22
Add LOM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.2¢ |
Change
-0.001(2.33%) |
Mkt cap ! $12.47M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.3¢ | 4.2¢ | $6.548K | 154.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 240000 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 126495 | 2 |
View Market Depth
| Last trade - 11.08am 04/10/2024 (20 minute delay) ? |
| LOM (ASX) Chart |