IMO, LNY sent the market a signal about revenue to the 30th June in its June 26th Ann which said:
26K Tons @ 8.3 G/T to the 16th June ( see 26th June ann) and given it takes about 2 weeks to leach/smelt , refine & sell the gold,
this should minimally be:
26000 X 4.8/31 X 0.98 X 0.6 X $1900 = $4.5 mil
This should leave 2 weeks processing in the system or about another $million &, IMO, LNY should declare this unsold gold value in its
June Quarter inventory.
The short term ideal going forward, IMO, would be LNY discovering more high grade ready mineable ore monthly than it mines thereby
extending the current Maroon processing deal out to the QLD Mines' licensed 100K ton and at better terms for Laneway.
As posted previously, this would take LNY revenue to over $17 mil up to the end of 2019, IMO
(100,000 X 4.8/31 X 0.98 X 0.6 X $1900 = $17.3 mil)( better than that if LNY can renegotiate the follow-on processing deal.)
- Forums
- ASX - By Stock
- SVG
- LNY wow did U see that
LNY wow did U see that, page-106
-
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SVG (ASX) to my watchlist
|
|||||
Last
3.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.11M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.6¢ | $2.007K | 55.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 13823 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 13823 | 0.036 |
1 | 131956 | 0.034 |
1 | 60057 | 0.033 |
1 | 1030 | 0.030 |
1 | 19500 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 50000 | 1 |
0.045 | 100000 | 1 |
0.047 | 15967 | 1 |
0.050 | 162510 | 1 |
0.055 | 834 | 1 |
Last trade - 10.25am 12/07/2024 (20 minute delay) ? |
Featured News
SVG (ASX) Chart |