LNR 0.00% 0.4¢ lanthanein resources ltd

tassie, page-4

  1. 335 Posts.
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    That looks like a pretty good ann, backing up the previous drill results and working towards a indicated resource. Even at the inferred resource numbers highlighted in the ann(i calculated possible 200k+ tonne potential), the in-situ value of the gold alone is $24.5m. With the gold at such a shallow depth it would be excellent starting point to putting together a tassy resource. Hopefully the IP survey can direct us to potential deposits close by to get economies of scale for infastructure.

    Not sure it will do much to the SP, but at least it gives us some comfort in knowing things are progressing well down south.

 
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