How will LGL use their new money to grow (the share price comes...

How will LGL use their new money to grow (the share price comes to mind).

Like a takeover/buyout.merger, whatever, is there anything in anyone's sights?

I read that smart GOLD MINES will process their lower grade ore while the POG is high. I LGL following that strategy?

Appreciate all replies.

Oh yeah, I notice Bankers (in Aus) are often of the establishment. And how do we tell that, I hear you ask? THEY ARE (ALL) EX-RUGBY PLAYERS.

Are the LGL mob ex-rugby players? And/or like the old CSR colonial type, who liked to run their islander (eg: Fiji) operations for their own benefit and not the Island's.

And who thinks we (we who may or may not play that game of gentlemen) shareholders can trust them? To know what they're doing.

Like, who wants to bet the upgrade COSTS, which are determined by the price of steel, do in fact work out to be, once LGL finishes the upgrade, after delaying the upgrade due to foreseen HIGH STEEL prices, end up being not much less than the high price of steel they tried to avoid?

Or can LGL hedge on the price of steel to be used in the upgrade?