LCG 0.00% 6.0¢ living cities development group limited

brett should have a chat with cape lambert, page-6

  1. 648 Posts.
    plus it is the sp gain not the dividends in a stock like fwl. if they pull off a dso deal then its on. if they don't then they will still have iron in the ground. Wuhan paid $0.18/t for undeveloped magentite at centrex in december. 112.5mt of magnetite at fwl by $0.18 equals $20M. divide that by 66m shares equals $0.30 per share even without the dso or pig iron project. all that is needed is a little good news and we're off.
 
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