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0.6¢ laneway resources ltd

Yes gassed, that's the one...which resulted in a poor recovery...

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dugsab

1,991 Posts.

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20/08/18

12:50

Post #: 35036006
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Originally posted by gassed ↑

I'm sure that's what they are hoping for, like all of us. But, where is that 200,000 tonnes going to be processed and who's going to dig it out of the ground?
And it appears that you are using the results of that 5,472 tonne metallurgical sampling programme that they conducted which yielded 1,725 ounces. That was "from the surface of a high grade pod near the top of Sherwood".
Surely you can't use those results over 200,000 tonnes to reach the calculation that you have posted?
The JORC of 381,000 ounces comes from 8.2 million tonnes!!!

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Yes gassed, that's the one...which resulted in a poor recovery rate of 88%.

LNY Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
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