LNR 0.00% 0.6¢ lanthanein resources ltd

Metallurgical test work, page-40

  1. UFX
    1,098 Posts.
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    Hi Markyboy,

    I totally agree with most of your points especially the one to move onto better things. Lole mining IMO realistically was the only one to ever put any offer. There are also points I disagree with you.

    I think you want rewrite recent history in regards to valuations of FNT's Tolukuma assets. You came up with incredibly high valuations for FNT's gold resource and SP a couple of times on the back of your calculations therefore you can not have come to the same conclusions as the gold expert.

    Also in regards to the mine being underwater. It never was FNT's so how does that impact so much? I mentioned the water situation in the mine I think more than once. Its certainly not ideal for the owner but its not really as big a deal as what Lole make it out to be. They want to drain it at lower levels from the side of the hill. In most places pumps work fine.
 
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