@GDoggy you might not be that far off the mark. This one single announcement has opened up a number of avenues now. Funding options have become wider, selling the Candy as they say. I'm sure Brian Thomas would have had some interesting conversations after the release of those soil samples.
The obvious decision is what will work best for shareholders. Taking into account the share register, the ownership of the project, up to 70% and what's required cash wise to undercover what's under the ground without selling the farm.
So they wouldn't want to raise or give away too much of the project knowing a likely discovery and share price rise is imminent once drilling starts.
Will be interesting to see what they do but I have faith they will work in shareholders best interests on this occasion.
It's rare for a minnow to be starring down a potential giant economical discovery of world class proportions.
The aces are in the directors pockets, let's see how they play them.
LNR Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
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