I interpret Managements current posturing as a sign of confidence. The board assembled to run Leyshon Energy is highly credentialed.
Mount Leyshon still has a viable gold resource sitting in it mill scats, but to recover it in a worthwhile manner will require it been done in conjuction with additional projects.
I did wonder why they did not explorer (or mentioned they had) the possibilty of trucking the scats to a third party mill.
All in all LRL still have plenty of cash and an ambitious CEO. I am expecting news this week.
Oscar
LRL Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held