LNR 0.00% 0.3¢ lanthanein resources ltd

Ann: Saki Final Trench Sampling Results Including 1m @128g/t Au, page-103

  1. 10,532 Posts.
    lightbulb Created with Sketch. 662
    This is not correct ! Please research factal figures and post the correct details !
    FNT has a current MC of $22Million, not $11million- FNT have 820million shares on issue!
    Also of the 128K oz released yesterday, your estimate does not take into regards production costs, which who knows what the cost per ounce would be ? That is if it is economical to mine ? Once you start exploring beyond 120metres, the cost involved in developing a mining pit could make the whole operation not feasible? All this needs to be taken into consideration, not just throw out pie in sky figures like yours and MB49 !
    Last edited by sharebroker1: 01/03/22
 
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