I would say the Lakewood mill will stay where it is , too many juniors in that area trying to replicate what SLR (Les Davis) did with buying out Perilya's Daisy back in the day .
I did ask SL why not put in a small regrind mill and circuit after oversize coming out of the existing mill as that would be less CAPEX and not so logistically challenging (plenty of used small ball mills around and can be transported intact and a far smaller concrete foundation ) , he said for what it is worth he prefers just a big ball mill installed .
A small regrind mill seems the obvious choice to me , but is there a hidden agenda for SL to state he needs a new big shiny ball mill ?
Something is not quite adding up , given they will be close to a thick high grade NN ore body in 4 months , bit like Trump stating Zalinski started the Ukraine war and is a dictator , obviously illogical , stating it but gets others galvanized to back Ukraine , which is probably what Trump wants underneath .
Maybe SL is one step ahead of us in this game of chess to and do you do not hire a COO if you are not going to mine imminently ?
SPR Price at posting:
$1.31 Sentiment: Hold Disclosure: Held
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