Overdue for that news, Eagerly. So, you'll need to await an unknown period of time to see "our" first gold bar. Don't mean to sound facetious, but I can post an image of a gold bar if that helps, which I guess wouldn't? The image posted last year by LNY barely moved on the richter scale, so given where the SP is currently, I wouldn't be holding out for any great SP accretion.
Sorry to hear that a LTH, such as yourself, is needing funds at a time when the SP of this "profitable" miner should be way higher than your average of 1c. Only one person to blame for that... and it's Bizzell. Then again, it's up to investors to buy and sell based on their knowledge of a company too. On that note... I'm glad I sold the rest of the bulk of my holding last week. I'm only prepared to hold a token parcel now for the "what if" scenarios that often keep the mum and dad investors holding indefinitely in spite of what reality is telling us.
All the best, Eagerly... hope that you have a speedy recovery from your injury!
PS: I watched Stephen Bizzell's Noosa presentation. Nothing awe-inspiring for me. In fact, I found his matter-of-fact style about the company he heads ("for us") almost bordering on being dismissive. For me, it's very much as though, LNY plays second-fiddle to all his other priorities (particularly BCP). His off-script comments were the most insightful parts of the presentation along with his hand to face/head occurences. As for last year's mining campaign being "profitable" comment... that made me laugh no end. The word came out almost muffled. Whilst SB presents as a nice guy... I can't apologise for the fact that he arouses sceptism and cynicism in me. And, last year's profits from $32 million in gold sales just dont cut the mustard for me. I'll be keeping an eye on the SP if and when it gets around the 0.004 level again. Too much bad blood between the board and LTH to hold out for a miracle SP spike, IMO.
PPS: I also chose to watch another company' Managing Director's presentation that I was invested in. It's amazing how a clearly dedicated, passionate and highly knowledgeable MD presents so differently. From a SP low this year of 2c to a high of 35c. Now that's what investors get when all facets of a company are top line. That MD performs as all MD should... with fulltime commitment and not treating its company's assets as a vehicle to feather just a few nests.
AIMHO
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