LNY 0.00% 0.6¢ laneway resources ltd

G'day Dugsab. I acknowledge that you are only using numbers that...

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  1. 13,065 Posts.
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    G'day Dugsab. I acknowledge that you are only using numbers that LNY have announced, but, if you read my response, you will see that I strongly doubt the fundamental premise upon which you have based your conclusion and you again have stressed that same point in your latest post.
    "But irrespective of any other 3rd Party HOA, the grade in the ground (+8g/t) will not change" has absolutely NO substantive evidence to support those numbers. That +8.5g/t is a "target", but, they haven't shown where they get that number from.
    And, if that EOPL HOA isn't going to be used, you are drawing a very long bow when YOU say "then another 3rd Party will be appointed under similar terms". That is a HUGE guess and reinforces my strong view that until we SEE that new HOA, or confirmation of the EOPL one, all "estimates" of returns to the company are pure guesswork and dangerously misleading.

    Let's just wait and see shall we?? End of subject from me, people can only draw their own conclusions.
 
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