LSA 9.09% 12.0¢ lachlan star limited

Ann: Quarterly Activities Report, page-18

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  1. 986 Posts.
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    The problem here is the market in general, and commodity prices. It's a common theme for all shells, not just LSA.


    Why would Klaus acquire something now when it's not going to run. Particularly in a shell that is so strongly held by his investor mates. He's not  even vending into his inferior shells (register wise) at the moment.


    Also, just remember on August 14th Klaus said in regards to an LSA acquisition: 


    "There are several potential options on the table already and a decision will be made within the next six months."


    So hopefully we see something by Feb 14th when this 6 month window ends. Regardless of this timeframe, I'm expecting to see a cracking acquisition when the time is right.

 
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