re: Ann: WSA: Clarification - Lounge Lizard N...
Is that necessarily so?
If an offer comes in high enough to outbid what WSA is prepared to pay, it wins.
So if you want it, you'll have to pay for it.
But for sure its a sulk by WSA. Like, we dont need LL, we produce much more at a better nickel rate from flying fox, so there.
I seems to me like they are saying we have plenty of reserves we dont need Lounge lizard, mind you the income is handy and we dont want to kill the deal as it stands.
KZL Price at posting:
43.5¢ Sentiment: Hold Disclosure: Held