The valuation of a relaunched company would be $4 mill MC. It'd not be worth selling really. I'd prob stick around to see what develops.
There's be a new MD, probably a new board. I do think it is less likely than likely though.
I think you continue to be angry at the current guys who in the scheme of things weren't 95% of the problem - 80% of the problem was Cowden, Borg, Hepburn and Anderson and 15% the Junta in Mali IMO. Those first three had one of the biggest golden tickets in ASX history IMO with Goulamina - and TOTALLY screwed it all up. Borg has done himself out of $100 million I guess. The $5 mill they've done me out of hurts more to me than his 100 would to him though I bet.
I'm happy to see them ann a return of assets quick and done tbh - quicker the better. As little telegraphing as possible. Not long to go.
The real question is will you continue to hold LLL. Had enough of Mali yet?
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-121
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