The best part of LOM is that at some stage a defined answer will be available for us to calculate - I actually think either way its going to be positive as we are close to cash (and receivables and share+options) backed so 1. if they stay and amend mine plan then the costs probably rise - you take the easy stuff first - but it should still be making a profit per to otherwise mothball till later 2. if they pack up and go onto a new project then the excitement of this would probably drive some share price
I don't think they will exercise options until very late unless FEX wants to expand and need some cash to capitalise - i sort of see these guys working together on a future project (s) .... just a hunch
MGX Price at posting:
41.0¢ Sentiment: Buy Disclosure: Held
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