LNY 0.00% 0.6¢ laneway resources ltd

Ann: Progress towards Mining at Agate Creek Gold Project, page-79

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  1. 13,065 Posts.
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    tjsol. Very dangerous coming out with ANY figures at this stage. Let's SEE what IS in those 100,000 tonnes and keeping in mind those numbers "could" be a one off.
    Some could also extrapolate the metallurgical sampling programme results by "inferring" that that 5,472 tonnes produced 1,725 ounces of gold with a recovery of 87% "might" produce over 27,000 ounces of gold, or, around $50 million, to be divided according to the Maroon deal. Why can't people reasonably "infer" that? Makes that $6 million of your's look sick.
    But, you could just as easily be right as the other numbers, nobody can deny either sets of numbers until they see the actual numbers in, say, 5 months time.
    See how dangerous it is "guessing", "inferring" when you are talking about something with some many uncertainties?

 
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