From memory last week of November was very good for most of Linqs major holdings so we may crack $1.50 NTA which would be nice.
Although no big insights to those that are familiar with the stock I thought the overview section of each of their major holdings was a good idea, with rough time frames of production commencement or ramp ups etc . If only half of these come in as predicted 2007 will be huge for LRF. NTA of $1.50 will be left way behind. Add to this the use of convertable notes to maximise profits and limit dowside risk,and throw in a share bukback, and a massive discount to NTA .
LRF is a no brainer , where else can you pay $1.05 for a share and you effectively get $1.50 worth of stock.
LRF Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
