LVR leviathan resources limited

what's the go?

  1. 2,499 Posts.
    any thoughts on this one

    just found an old broker report , well not that old actually 7th april, done by baillieu. forecast cash flow per share of 29.2c next year and 27.2c year after. lvr currently has 21c per share in cash. expected mine life of 5 years. a newer report has come out i've heard, but the numbers can't be too different. from what i know there's some short term disapointment with not meeting prospectus forecasts but it's not like the train's derailed. which would suggest that at under 70c is not a bad buy??
 
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Currently unlisted public company.

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