Given the assets,licenses and access to vein graphite I think by all rights Lanka should be trading above the levels it is at the moment. From my point of view it appears the reason for this is managements inability to raise capital has held it back from its potential,this where I think Barry Pang can make a huge difference as he brings a very astute financial reputation (has a great track record) I would think another $1-2m would see out kicking off production later this year??
LGR Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held