Hi Swaba.
Just had a look at how resource stocks have been going the last 10 days. The alternative coalers along with Lithium, graphite, oil and gas, gold producers and Platinum have been the big movers. As LNC was very closely correlated with it's sector you would expect that it would have had the same movement.
So any increases in Singapore have to be matched up with expected increases in Oz.
arckaringa basin project, page-5
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