From the original post "Laneway is in advanced negotiations for the acquisition of a gold processing plant and associated portfolio of exploration and mining leases in North Queensland. The gold processing plant would provide a processing route for high grade ore from Laneway’s Agate Creek gold mine."
So as you stated, the Georgetown plant is only suitable for processing high grade ore, and it would appear that the plant they are looking at is also only suitable for processing high grade ore .....
I would bet my left testicle that it is the Georgetown plant they are looking at ..(sure hope I'm right).
Ann: Capital Raising Program and Section 708A Notice, page-33
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