agm - any questions??, page-23

Gold was only A$750-$800/oz back then too

The Singaporeans are not stupid. They see the size of the potential resource at Ballarat, the size of the mill, and the resource at Chewton/Wattle Gully. Prove up the Ballarat North resource to LGL levels of 1.5m oz and you have total >2m oz and a fully functioning/fully permitted 600ktpa mill and circuit. Bingo! Minimum ten times appreciation in value of CGT shares as rate of ore processing climbs toward filling mill. Acquiring control, and as much more as possible, of CGT first could be the making of Lion and transform Lion from smoke, mirrors and hot air into something of substance.