george ...
im taking a different tack ... i reckon if lum hits .035 in coming months holders in ords at these levels double their dough .... right ? .... with 20 months to run now (lets say 12 months with lum ords at .035) i reckon oppies will easily find some support around .06 in the next two years ... so doubling your dough in either imo ... with ords at .035 its not a huge stretch to see the oppies being nin the money by dec 2008. Dont forget there's a lot of late to the party olympic advertising due in china ...(not stadiums just outdoor stuff) ... if lum can snare a contract or ten, well write your own ticket.
oppies provide a bit more leverage just in case the ords really do recover back to .10 -- which is not that far fetched given the industry they are in, the contacts the new board has, and the fact that lum market cap is so low ....
disclaimer: I bought one million oppies at .003 and am happily bottom drawering them as a $3k punt and nothing more.
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