Just want to reply to the idea that Steve Promnitz has a dodgy past because he was CEO of IDC which was a company that went under.
Steve was a geologist with Rio a management figure at Kingsgate a highly placed person at Westpac and Vice President at Citi. After that he was CEO at IDC and they did pay him $600 K pa. I dont think that you can get a Citi Vice President any cheaper than that. But IDC fell over because the PNG government took its rights to hold tenements over Mt Kare away due to a land dispute among the tribal people of the region. I cant see how it was his fault, mining in PNG carries a lot of sovereign risk.
Most of the criticism of Steve is that he raises money. I have yet to see the company that can run without money. Also there is criticism that deadlines are missed well welcome to the real world remember we are a 5 cent company oh look at the last 2 days, make that a 8.8 cent company.
Steve also speaks Spanish just a helpful thing to do running an operation in Argentina.
As to money if the share price can crack 10 cents people will start exercising those options and the money will roll in. Patience people patience.
Glad I did some due diligence glad I bought some LKE.
LKE chart, page-326
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Last
4.0¢ |
Change
-0.001(2.44%) |
Mkt cap ! $66.74M |
Open | High | Low | Value | Volume |
4.1¢ | 4.2¢ | 3.9¢ | $152.1K | 3.756M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4795 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 300000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4795 | 0.040 |
10 | 897556 | 0.039 |
9 | 703947 | 0.038 |
5 | 681081 | 0.037 |
12 | 972798 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 300000 | 1 |
0.042 | 1152419 | 7 |
0.043 | 778883 | 5 |
0.044 | 1137680 | 8 |
0.045 | 608700 | 6 |
Last trade - 15.59pm 03/09/2024 (20 minute delay) ? |
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