OTCPK:LGCUD - Post by User
Comment by
mork10on Feb 19, 2012 5:13pm
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Post# 19556170
Recovery Rates
Recovery Rates Tom Tomtwo, the recovery rates are indeed an issue. I have to assume that with time and the experienced management team they now have in place they should get to the +90% rates you mention. I expect them to get there sometime before the end of the year, improving in the process their production cash costs. I believe this to be one of the main reasons the S/P has not even come close yet to reaching its true potential. I´m optimistic though, I see no major technical issue besides those mentioned + in site experience that would prevent them from reaching those recovery rate levels of +90%. To be followed closely!