I have had LGL for a long time. Both as options & shares. The...

I have had LGL for a long time. Both as options & shares. The problem is a perception one of:

PNG + Africa + Ballarat = problem. IMO


The bigger you are the more companies are driven by risk management. Ballarat was no success. Africa should be good but in this case it has to carry PNG. More risky than ghana in my opinion. Can you think of anything good about PNG except Aussie tax payers subsidise 1/3 of PNG Govt budget each year. What else is viable about PNG. ?????? I dunno.

I think this is big picture and poorly expressed.

Cadia plus Telfer = low risk. You see what I mean. All big companies are the same. Hedging, geographical diversification. I do not know why I bother. Just go invest in an aussie bank. It is all same principles. Very booring. I prefer SLR. At least I understand what is achievable.


Oh sorry LGL has geothermal as a energy source. How nice & green.

apologies for the rant. But there is no get up & go in LGL share price. And risk is not a good perception.

juggle PNG + Africa + Ballarat = ?????
LGL an unloved share.


I can discuss this perception issue as a bad halo. LOL


wbddrss