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15/12/23
00:35
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Originally posted by Karl89
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You keep banging on about the tier of management, stating LTR have a tier 1 set up, yet they have missed the caps requirements by eye watering amounts on multiple occasions and have devastated holders with a fully board supported FAILED take over…. And it’s not all smooth sailing from here….
AVZs problems are very much their own, your comparisons to group all African projects together is actually more of an overstatement than suggesting l all Australian projects are the same…. And there have been some would you believe there have been stinkers to go with the winners in aus (perhaps May become even more so if / when spot continues to drop)
LLLs share price halved on reopen, not necessarily on the news they stated, however I believe due to incomplete unknowns remaining. Question marks can well be worse than finalised negative news.
Length of suspension becomes far less important than the actual news released, the market has a short memory, trading halts are forgotten quickly… that includes in the case of eg AVZ, if they open with a somewhat positive outcome with their court cases, however more importantly, a finalised pathway forward, it may not be the carnage people predict during their extended halt on open…. It’s happened many times before, even on a MLL extended halt…
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LTR is trading and investors can make up their own mind about the company, something management here denies because they are not up to the task. Taking $40k a day in overheads off the table but leave shareholders hanging. They are clearly not in a hurry No Karl never compare this circus to first tier LTR.