News: LYL Lycopodium Revises Guidance Of NPAT In Order Of $11.5 Mln For FY Ending 30 June, page-4

I do not hold LYL, but I have been watching it for years. It has a good history providing sophisticated services to gold miners, so in the current zeitgeist, that is a plus. However, it is an extraordinary well run company, perhaps the best in the game going on things like profit margin and strength of balance sheet. If I had the funds, I would take a long-term position on the basis of backing the competence and ethics of senior management. Management is very conservative, so if they say things are rough, it usually means the circumstances are normal, and if they say it's normal, then it is good. One has to read LYL's Announcements in the light of that personality.

If you are a trader, rather than an investor, the stock is too thinly traded to be in your game.