That Ambro call is the biggest load of horsesh!t I've ever read. LHG mentioned specifically what it used the funds for - none of which goes into circulating capital to assist cashflow. Let me see - retirement of debt, construction of a power station, ramping up production at Kapit. Tell me what company on this planet would foolishly try and finance such expenditure through their ordinary cashflow?? I'd have the directors shot if they ever tried such a stunt. So...
What are these jokers at Ambro on about?? Absolute garbage. LHG is literally mining an island of gold. What's to lose after their operational hiccups get sorted out???
- Forums
- ASX - By Stock
- LHG
- a bargain
LHG
unknown
a bargain, page-9
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)