amol7 435 posts. Date: 04/02/16 Time: 14:43:39 Post #: 16941651...

amol7

435 posts.
Date:
04/02/16
Time:
14:43:39
Post #:
16941651
JawDropper said: ↑
Well you and the goon squad are pretty tiresome too amol, day after day banging the gong about how LOM is about to go ballistic. I offer my view on LOM which is diametrically opposed to yours. Too bad if it pains you to read it. I know the feeling.

I haven't missed any boat, SP has been anchored to the harbour while the cheer leaders and BOD man the bilge pumps, figuratively speaking. LOMOB will be getting chucked overboard soon unless something seriously game changing happens. I very much doubt that.

About 15 months ago it sat around the 40c mark for yonks. Then it headed due south until the captain shouted "land ahoy" and up it went to 60c. The land proved to be a mirage and consequently the 'boat' returned to dry dock. Sub 20c.

Of course this time is different, isn't it?

Gimme a break.
Click to expand...
JD:
You poor miserable soul..... This aint no mirage we are looking at:
Amol said:
Do your sums on the alluvials alone........
Blk 6 recovered from half the stockpile in the wet (2 weeks mining) about $3m
Blk 6 estd. recovery from balance of stockpile (2 weeks mining) est $3-4m

Feb sale est. $6-8m (end of Feb)- mostly Blk 6 during the wet

Blk 8 in dry season with extra mining capacity now est. $6-8m per month

E46: who know but plenty of excellent alluvials and elluvials.

Maybe a little extra equipment needed but looks possible to me to see gross $ recoveries conservatively in the order of $100m plus p/a.

I have always believed this project stands up without any kimb and that was the basis on which I have a large investment.
The stock will hit 50c before it ever gets near 20c. Just too much good news keeps coming.

Let me beat you to it JD...... "what a load of crap Amol"