minchinyon,
No point in comparing what LGL's 1995 float price was, compared with what its potential is from today, onwards. That's history!
When they launched, gold was about $US380/oz. Your point is taken that they haven't exactly thrown off the cash over the years. However, the question is: what do you expect them to do in the next few years?
Personally, I expect them to rake it in.
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