lsg - set for much higher levels, page-8

As I see it, there are two things on the immidiate horizon that will drive LSG's share price.

Firstly, in early January 2003, MPI should list on the ASX releasing value for LSG shareholders though a market valuation of this holding.

Secondly, in January 2003, EAGM should produce further resource increases at Gokona. However, don't expect a listing anytime soon - the focus will be solely on finding more gold. From my talks with Robbin Widdup he is even suggesting a listing on the North American markets.

Watch also for next weeks AGM as well as upcoming NTA announcments - the NTA should now move in one direction and towards $1.50. When EAGM is valued at market prices, NTA should be $2+.