1. I have checked the change of directors notices for the past 12 months and can only find directors buying.
2. Oswal is required to pay the money over a 3 year period.
Thanks PC, I have done well out of LNC. I bought it at 18.5 cents and I was telling all my friends to buy it when it dropped to 17 cents. One of my mates picked up 150,000 at 17 cents so he is very happy. It was the UCG story of WGP that got me interested in the story. WA needs energy and after the Varanus Island explosion I can see why Oswal wants an alternate supply for his Barrup fertiliser plant. The market cap of WGP is tiny but given Oswal is paying for all the exploration and expenses up to BFS I think the upside potential is massive. The offshore ROC oil JV should be good as well.
WGP Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held
