pb speaks out , page-10

Hi guys. This is what I posted in earlt Feb-

"IMO now would probably be a great time to get some cash, if they could raise at these levels.

50mil shares gives 100mil what a great spot LNC would be in then. I think it would give great confidence until Adani royalty and LNC would be SET, they could really have confidence in future ST activities with a fabulous balance sheet.


Getting an insto to participate at these levels, after they were reached so quickly would show enormous faith in the current SP plus future gains, imo."

Given the fact they didn't dilute and got lower interest rate shows further confidence in the coy, imo.

I think the raising was fantastic but watched in awe at the SP, albeit on the sidelines.It really does put LNC in a good spot going forward, my only critiscism being it should have been explained earlier, but that might have its own reasons, imo.

The sell off was scary but glad PB has tried to explain it, albeit probably a bit late for some shareholders.

Not having to raise, for at least two to three years, and possibly, if everything works out, ever again, will give great appeal to insto's etc going forward, imo, especially in the current market where its very hard to get cash and they are looking for companies with healthy balance sheets.

We just need a couple of big announcements and we are on our way again, imo, in a year that is proving to be a breakout for LNC.

Good luck holders.