Finally great to hear something about the company actually doing some work. However they still haven't sorted an on sight processing plant so again 66% of all gold revenue after they excavate and process the gold surface pickings will again be lost for the company and investors. Contractors are they only ones making money from LNY imo. We just repay debt from our 34% of sales...
One would have thought after all these years the company would have a better plan than to keep mining short term gold which depletes our reserves only to put a smaller net worth of gold sales back into the company balance sheet and we know where almost $2Mil goes right back to, due to this conflict imo at 8% loan contract the company has set up. I am furious about this arrangement and company should remove themselves from BCP office and stop the over generous loan structures. IMO there's a real stink about this on many levels.
Anyway happy we are mining and can't see how mining will be completed in 12 weeks as another huge wet season is again upon us. Typical LNY brain fart of timing once again. This is another rinse, repeat operation imo. GLTA....
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