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0.00% 3.6¢ savannah goldfields limited

Ann: Outstanding High Grade Gold Drilling Results, page-365

  1. moorookamick
    22,424 Posts.
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    21/06/19
    11:15
    Post #: 39170953
    The current contractor's plant was bought over a year ago for $12 mil & 100K ton should yield LNY alot more that, IMO.
    -100K ton x 6.5/31 X 0.6 X 0.98 X $2000 = $24.6 mil ( this gets boring after a while!)
    The variables here is average grade & the POG.
    Last edited by moorookamick: 21/06/19
    LNY Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch. 2  Great analysis
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