Note the different types of resources at this project. oxide and refractory.
I guess they will say refractory ore could be toll treated at Beaconsfield.... but refractory ore processing is very sensitive to changes in ore type (eg copper content) so beaconsfield will be very cagey about introducing more risks into their own operations. Im not saying never but am saying this is an unknown and a risk to consider.
So when looking at oxides being processed with a standalone plant you will have to take out refractory oz from the equation
Seems to have promise this stock but is more complex than your average gold stock.
Be very careful about resources and transition to future reserve issues.
Just my own views from reading a recent write-up.
in the meantime the market will focus on new ounces being found from exploration so maybe these issues will not come up in the short term.
acturtle
LEF Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held