I doubt it, the lads have done a deal with LNR for the new lease worth $10 million to them and the CR fees on top. There not going to miss out on that. I would expect a consolidation so they can continue with the rinse and repeat CR but they wont let it go to zero. Was hoping for a bit of a pump before the upcoming CR but seems a little unlikely at this stage as there not loading up the buy side and seem happy enough selling into any .003 retail bids. Its funny to see broker data as there churning a lot of volume to catch any retail bids at .003. Retail are not taking the bait at .003 at this stage which is funny. They will find some rock chip samples or visuals results to pump and offliad into retail hands
LNR Price at posting:
0.3¢ Sentiment: None Disclosure: Held
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