Rhaz lets hope so, but Towie 0.008 is bugger all, just by processing a small amount of gold will get 0.008. The real issue once they produce if what happened with last 2 processes the g/T dropped off significantly remember the chicken pickings. I don't expect 10g/T+ so more like 4-7 g/T at best with what we know and once they drop off so will the confidence to hold 20c consolidation price. Hold me to account, on the record, lol..
I wasn't born yesterday, but company has a lot to do drilling wise before they can maintain and be seen as a 20c gold producer, not in 22 maybe 23/24, remember it is a small plant and grades are king. I am just stating the obvious imo.
SB and team are a lot smarter than me regarding gold process etc, well I hope so and the timing of consol will either prove that they are or not. But I am just speaking from my experience with explorers wanting to be producers and LNY is only just starting out and 20c isn't going to last for long.
We are 12-24 mths away from this imo. What a welcome change a healthy debate finally and we will respectfully agree to disagree. Been a long while when we all focused on a subject matter and not the terrible past of LNY.. Onwards and upwards, but I ain't going to lose my pants once this consol happens, I can always get back in.. lol.. GLTA, over and out till next month.
LNY Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
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