courier mail p75, page-6

  1. 1,464 Posts.
    What a lot of frog's poop, News, the announcement by LNC that it had reached agreement with Arrow to approach the Qld government with a united view on their plans for development of their respective lodes was followed by a price DROP for LNC of 40c per share over the next three days. On that basis alone, an agreement NOT to cojoin their plan should increase the share price by 40c at least.

    in reality it is the Qld.bureacrats who will make the decision and as they have a vested interest in the outcome, I doubt whether the Qld Premier will be too keen on killing the goose that may lay the golden eggs, the golden eggs, thee golden eggs.....

    So stop your scare mongering and get on the real issue, has LNC proved their plan yet? If not when will they, diesel produced at $0.25 per barrel wholesaling at $1.00 per barrel is a salivating thought for me, shareholders and the Australian government (.10c per barrel GST), the AUSTRALIAN GOVERNMENT .50 PER BARREL, Rudd tax and the Qld. gov't, any taxes you like.

    No News is good news
 
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