no one wants conti, page-13

Don’t know about LNC but let’s focus on Conti. I am sure that there would be a million examples where it’s worked well.
Share price of 12.5c..do you really expect it to go much further?
Even if they did say a $7.5m share buyback it could be worth multiples in 12 months’ time in future raised capital. Could pay for a decent % of Colombia development or something else.
Sometimes too much growth too quickly can send a company backwards or worse yet into a situation where it’s a takeover target at a fraction of its true value. I could guarantee you all my options that if someone offered 30c for all script that everyone would jump at the chance.
Management has no money for this sort of thing I understand but debt funding or similar initiatives have never been a problem before.