I notice that on Commsec Morningstar Quantitative analysis now...

I notice that on Commsec Morningstar Quantitative analysis now judges fair value for LNY on the 21st of Dec as being .01

It's not much but at least it confirms the old Bizzell Capital Partners valuation which from memory put fair value at .011 

Management are putting more of their money  so they must be pretty damned certain that the recent drilling will be over 3.5 grams per tonne on average. Santa Claus would be generous indeed if he delivered drilling results of 10grams per tonne or more which would just be online with expectations. A few higher grade assays would give us more room to breath. It's just one of the many many things that have to go right over the next few months. 

Merry Christmas to all