Hi @Rhazzle , if you could mine and process $1.4bil in one year (ie per year), I’d agree with your numbers.
However, it would most likely take 10 years or life of mine (20 years) at the current rate.
The mill size would need to triple, and the fleet of earthmoving and hauling equipment would need to triple, along with the number dongers, food, water, fly-in fly-out etc.
What LNY have a present (30,000 tonne) is a hobby mine.
Better than nothing...but a hobby mine nonetheless.
LNY Price at posting:
0.8¢ Sentiment: Hold Disclosure: Not Held
