Measured - I think PA has fallen victim to over enthusiasic releases in the past and appreciates that under promising and over delivering.
I doubt you will see a roadshow in OZ for lrl in it current form.
There is a bit of activity happening ATM in the Mt Leyshon area, and Barrick Gold is looking to unload some operations that may be of interest to leyshon. (dont quote me on this as its off the top of an old head).
All in all there is more upside than down from here. IMO.
Oscar
PS I suspect there will be something on the table to take to the split.
Oscar
LRL Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held