I hate to say this, but i just read the report Mr Lim sent to shareholders, and even i too am starting to think he is the better choice. He brought up issues that i personally felt with him, in regards with LML as a company. The main issue was making SP grow due to amazing 250-500mt iron potantial. The SP is absurdly low, when compared to other iron ore companies. And other iron ore companies are growing, were LML isnt. Current management in LML hasnt tried to fix this issue yet.
He has help grow another company from a market cap of $20Miliion, to a $2.2billion (or something like that) company.
So now that ive read his side, things look a little different. Current directors in LML have a great relationship with MEL, but where has that left shareholders looking for value in SP.....
LML Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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