Post by
Puma1back on Aug 08, 2024 3:45pm
Cash flows
Given the push to expand the mine capacity and the silence on gold pourings, all of course added on top of the stock price, it seems likely that the 350 tonnes per day stuff is all just eatiing up money rather than adding it to the kitty?
Comment by
BearKiller on Aug 10, 2024 9:21am
What? They have enough production feed to run the mill at 350-400 tpd. That reduces cost per ounce not increases it. Lion One recognizes the need to increase production ounces to reduces costs per ounce and that's the goal they're working towards.
Comment by
Puma1back on Aug 12, 2024 6:41pm
If they could make decent $ at 350 tonnes push through, this stock would be more than double - is that clearer ? it can't imo until they can give some visibility- otherwise silence seems to signal ton the markets that they are still riding a thin line- they should have tried to sell a small gold stream to get a relationship with a royalty firm