Agree with your post GDoggy, as I said how is poor LNR going to raise $10m needed to fund exploration on earl- oops Lady Grey lease to earn LNR only 50% of this lease unless of course endless capital raisings?
also the SP did double from 0.003 to 0.006 at time of TH for CR.
I saw these massive volumes two years ago and now we find ourselves here facing years of capital raisings just to earn 50%. Did shareholders get to vote for this, I can't be bothered going back to look?
If this is so great why don't directors and INYATI stump up their own cash to fund exploration, I guess it's easy just to issue cheap shares to the certain few whilst shareholders of LNR sit and watch the scenario and endless CR and dilution?
How is that in the interest of LNR shareholders?
LNR Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held
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