This, IMO, will depend on drill results which at this stage look good.
First things first: LNY has to accumulate the $s from the current processing deal with Maroon to finance phase 2.
Should drilling over the next 6 months lift the resource to say a million tons at 3 G/T then LNY should be in a position
to acquire a used plant and then go for it.
- Forums
- ASX - By Stock
- SVG
- Phase two
Phase two, page-4
-
-
- There are more pages in this discussion • 25 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
(20min delay)
|
|||||
Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.183M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
SVG (ASX) Chart |
Day chart unavailable
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online