LL has never shown any decent grades and was used as a leverage carrot to hype up Management's CR's. Management was so upbeat about the LL program. Well what a flop. Great geologist's, waist of time with more leaks in this BOD than MV HMAS Titanic. The minute the visuals were noted the SP got smashed. Management was also upbeat about accelerating Mt G programs straight after xmas as Cobalts is hot property...............Accelerating???!!??
I too invested for Mt G but unfortunately did not do correct DD regarding this BOD and their achievements over their 8 year tenor with the last 6 months a complete joke. As many of use have realised, likestyle company. BOD like these are pro's at keeping penny dreadfulls afloat whilst washing, rinsing and repeating wave after wave of investors.
Yep......time for an exit plan and definitely before the next Hartley's CR IMHO for around 3rd qtr. Pro's like these like to pump stocks to achieve their goal. Not invest in such high risk plays in future with no Resource, JORC, Feasabilities Offtakes Funding nor the likelihood of achievementing any of the above in the foreseeable future as proven now after 8 years by this management.
Wish you all GL and some good geo phyisc/chem results showing potential with a speedy drilling program SHOWING QUANTUM AND GRADES.
CZN Price at posting:
1.0¢ Sentiment: None Disclosure: Held
