LCL 11.1% 1.0¢ lcl resources limited

Ann: Quarterly Report - 30 September 2017 and Appendix 5B, page-4

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  1. 527 Posts.
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    Your dreaming Albert.

    IMO the only time MNC will get a re-rate is when f/wit Howe pisses off. Why:-

    1. He screwed over 6900 shareholders without any concern what-so-ever. All had a marketable parcel at the start of his reign and left with sweet FA when they were sold out. He thinks he is a hero getting rid of 6900 shareholders. I don't think he has any concerns about the remaining shareholders other than Lanstead and Redfield.
    2. It's been three announcements now since the FS findings were announced and all he does, as usual, is regurgitate the same old information. Nothing new or positive. No Plans, sweet FA as usual
    3. IMO he is full of crap, and the market knows it. I am sure if you look at previous announcements MNC was to start mining end of 2018 or very early 2019. Now construction to start 1 March 2018 with a 18 month construction timetable. Be lucky to be producing in 2020. The market believes nothing he says.
    4. His only concern is his hefty pay packet. Tell me one junior explorer who's MD earns anywhere what Howe does.

    I know I am not a vindictive person, but I hate this turd with a passion. I know it's not nice but I just wish Howe would drop dead. IMO then we might have a chance of getting somewhere much quicker and at a lower cost.
 
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