Where do you get the $14 billion figure from for proven resource at Agate Creek,@Rhazzle I think you have inadvertently left out a decimal point.
My calcs suggest that's way closer to $1.25 billion (417,000 oz x AU$2,650)
LNY's SP struggles for so many reasons and the main one being is management's approach to running this show! Good PR would help but unless there is solid fundamentals being regularly supported by a proactive board and management team, then the SP is always going to be volatile and PR would only exacerbate that volatility, IMO.
When the Executive Chairman is the Top SH with over a third of the register in his stable and his No.1 priority is his finance company and upteen directorships, I'm afraid that even if he was ousted along with his cronies, he would control the company from the sidelines anyway. All of a sudden his voting power would come into play and would then stifle any retail voting backlash.
It's a shame that the majority of SH are treated with such nonchalance!
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