no brainer investment at these prices, page-9

Lory


I said the loan was now an extra $100m and interest $11 per year u left this off in your response!
When ever the Adani royalty is mentioned I can't help but think there are absolutely no details released.
People on this site keep regretting to it as tho it's a bankable transaction!!!!

What if the agreement said LNc would only receive $2 per tonne after the the first 50 million tonnes were mined?

After watching the way this company reports nothing would suprise me
Just be extremely careful and read between the lines all the time.

This stick is going to present good opportunities but the cash burn is massive and these grand plans need to be viewed in line with LnC
Current ability to fund wages let alone anything else.

It's unlikely Teresa will be sold at the bottom of the cycle as it's worth more in investors dreams than it can fetch in the current market !!!

All in I have doubts of any recovery in the shareprice unless there is a new game plan as the old one ain't working!