Have been holding LYSDY (US ADR's) for some time. This is one of the squirreliest stocks I have seen. The company has not yet made a sale but is now ripe to do so, and yet the stock is still languishing.
Announcement should be in days, and they did announce a significantly better yield (less waste disposal, among other things)than originally predicted.
Watching the SMSL crowd, most of them seem to have moved on to the next protest. What is expected over there once production begins? Does this turn into a real, solid top flight mining outfit?
I have their sales at anywhere between A$500 Million - $1.2 Billion/year once Phase II is opened and they begin delivering on their contracts. Are these still valid? What is happening with the JV with Siemens?
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