Ann: LGL reveals strong growth plans , page-11

The media loves to talk about LGL as a takeover. For some strange reason commentators consider Lihir as attractive because of the half decent production and reserve figures. However they conveniently glaze over the tremendous political risk that comes with LGL and it's PNG and african operations. Large gold companies have enough to worry about without adding to their own risks substantially. A takeover may happen, but only if the share price falls below what you and I consider fair value.