IMO we need to sell to LCY the remaining 40 percent of Mount Bevan to get the SP up again. No action on it will see us further slipping down, back to pre consolidation days. IMO
Well it looks like this one has lost it's heart beat along with all the posters on here.
What ever happened to the old timer Beatle who was in the top 20?
Notice the previous M.D is now the share holders friend on another forum. LOL, how times change
Very dissapointing so far with all the promises over past 12 months. AGM held tomorrow and the spin doctors were in a meeting all day today preparing for it and not taking phone calls.
Someone should be sacked and held accountable for the lack of aggresive action that has been promised with...
60% earn in is from the Mount Bevan project that LCY bought from HAW for 3.5 million. Good time for holders as the completion of phase 3 drilling was completed today and offical earn in happen few weeks back now.
In this climate, people are waiting for the earn in on Mount Bevan 60 percent before investing.
That shouldnt be very far away at all.
We may even pick up the final 40 percent very cheap with the joint venture partner struggling.
Mt Celia gold drilling results should be released soon. Also some news on the 50 percent of MAK joint venture due later this month.
Next few weeks should be interesting if the positive news is released on time.
Brokers will be watching from the sidelines and waiting for some joint ventures to happen and a market cap over 100 million before they pounce, but you can be guarnteed they would be sitting on the sideline and watching.
.17 may be a possible close tomorrow.
Double its average shares traded today and closed on its high of the day of.15.
.145 was resistant, so lets see if we have a higher low now.
One to watch over the next 6 weeks.
Volumes are low and not a fair indication of the stock. News is on Joint ventures and not take overs we are waiting for.
DD takes a while and because they are joint ventures, both partys ned to be on the same page to move forward to production.
This will be one stock for the future that...
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