When there is a choice between conspiracy or stuff up, it is usually stuff up.
Looks as though there is a lack of information out in the market. Reality will be the JORC, then the firm offer from NMDC & the FIRB approval.
With a market dominated by short term perspectives, it would appear that even a month is seen as long term by many investors.
Mt Bevan is for real & just getting better, NMDC certainly appears to be a really great answer to the developing of Hamersley & Robertson Range. Mt Celia gold will be nice when it provides news.
Is LCY / LCYOB / LCYOA / LCYO a great buy now ?
Yes, of course, & those who buy now will be very well rewarded.
Still would have been nice to have an actual offer price from NMDC on the table today, .... but we'd rather have a great price than a quick, but lower offer.
When there is a choice between conspiracy or stuff up, it is...
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| LCY (ASX) Chart |
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