biscuit what is wrong with you?, page-27

Hi stackey100.

Research and facts bring home the money.
Not hope,no real research,not much if any knowledge about iron ore or what the real situation about infrastructure that is needed is,no idea of time lines for drilling results to come back from laboratory,no idea of cash needed to get to a JORC Resource.How much cash will have to be raised to keep the projects moving forwards for drilling,laboratory costs,Aeromag fly overs,feasibility,environmental studies,more drill rigs(around $2 million each to buy)Which then can be worked by local workers instead of paying big wages to off shore contractors,earth moving machinery,large amount of site buildings and accommodation buildings as the project moves forward,etc.So many things some posters are trying to get others to ignore.
Just one feasibility study can cost millions.
Aeromag fly overs can cost many hundreds of thousand dollars by the time they are flown and assessed.

Yes it could be a very good iron ore/gold prospect.
Too early to be so positive with out any thing to back up their so positive thoughts and predictions.

And no I am not looking to buy shares in LEG at present.Until I know more about the future resource prospects.

Regards
Westcott.