announcement = $

So what do we gather from todays announcement.

- Sharon has choosen to bring in someone to run the company to production. Not pushed aside or resigned, but choosen to grow the company with new experienced people

- LCY has no real big insto's, so she isnt getting pushed out, she is the largest shareholder.

- timing of new ceo is around the NMDC completion

- already in advanced discussions with a new ceo

- recognises the need for greater skill set

- moving to corporate acquisitions, clearly future plans are to acquire some big projects, and they must already have some lined up.

- positive on NMDC, so likely a done deal

- Sharon still holding all shares, not selling out and running. Must believe in the future of LCY.


Nothing but a positive on this announcement. Well written and clear that Sharon is making a move to benefit all shareholders.

Just show us the NMDC deal now.

Well done Ms Heng, go buy yourself a new car to celebrate