With cash in the bank and an appropriate JV, it could all happen sooner than you think @gassed ,
There is over $40mil net profit in the current Agate Creek 200,000 tonne proposal alone.
Total production of circa 70,000 ozs, from 200,000 tonne.
Terms for a gold and silver refining and sales agreement for up to 100,000 ozs of gold production have been agreed with Australia’s second biggest precious metals refiner, Focus Metals. (17 Feb 2016).
LNY Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held
