But the owners of lady grey lease are offloading 50% with a $10m spend BY LNR on exploration, so it is LNR shareholders taking all the risk, especially when LNR has bugger all cash atm, to raise $10m could take heaps of capital raises, and that is not to mention the fact that heritage clearances aren't even granted yet for LNR to go in and drill.
It depends who the low priced CR is issued to, will it be the same as the last 0.003 CR?
LNR Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held
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