You sounds like an intelligent guy Mr Cakes.
However, Ben has outlined to me that future dilution in LCY will be kept to a bare minimum, if any.
Which is pretty amazing considering we have a $1.3billion resource to develop (+ MAK-phos + AGO-rid + MORE) :) I don't think an Australian junior has ever been in this great of a position moving towards the future yet.
Maybe the market needs even more clarity, sure to roll out soon I am sure. But I am very comfortable with my 11c buy into LCY a couple of months back now knowing that we are destined to not only become a producer, but effectively NMDC Australia via being a NMDC group company, fully funded and ready to roll and get down to business in an otherwise terrible economy.
If you love MAK so much maybe you should buy some shares brother.. haha j/k just poking fun!
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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11 | 7056687 | 1.0¢ |
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5 | 2296000 | 0.009 |
3 | 804999 | 0.008 |
3 | 1400000 | 0.007 |
5 | 10755000 | 0.006 |
Price($) | Vol. | No. |
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0.012 | 2047093 | 7 |
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