I definetely agree with your assessment in terms of best play today in the market.. Whilst SYR is a great story, I cannot see it doubling or tripling at such a big market cap. Whereas LMB is now sitting with a market cap of approx $A6M and A1.85M in cash (as per last quarterly), could easily double or triple...
In terms of negative sentiment towards the FLS management.. There is only Richard Trevellion left from the old management team in LMB. So far, he has done not a bad job of moving this forward (far better then a lot of this companies peers). He was a little slow on getting a market story out there and promoting it, however, now that he has a story to promote after drill results, he is getting out there with news...So the jury is out on this at the moment.. Lets see if he can continue to meet the deadlines he has set himself and also raise some positive interest in the coming months..
HXG Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
