GREY:LBEFF - Post by User
Comment by
soupkidon Mar 05, 2011 7:01pm
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Post# 18239212
RE: Profit vs Promise
RE: Profit vs PromiseSorry to interject on this thread delirey6666
This is my second post, but I read it regularly and enjoy the banter that goes on here, there is great range.
I've held on waiting to hear to LBE's potential substantiated in drill reports. At this production level, revenue bleeds off in interest payments going to JJ. If there is some future here, the exploration drill reports will focus the production team and set the the mill working. Otherwise this operation is just a means for JJ to to collect sufficient interest revenue on their investment, albeit at a modest %.
Looking forward to a positive report and the team getting focused to go get it..