re: Ann: Quarterly Activities Report Septembe... Yep, hanging in there. IO price isn't too wonderful. Not helping.
But I like mgmt and think that Eyre Pen is a good place to be, not only for the minerals which are at reasonable levels and ease of extraction, but also the proximity to the port.
Nice to see it at 10c today but still a long way off my target price.
Not sure re cash raising. I expect another offtake agreement is possible in terms of getting cash or even a t/o or jv. If not, yeah they'll need cash as the coffers are drying up a little.
LML is just a sleeper. It may fail if IO price weakens more and for an extended period, but I'm still happy holding.
Ann: Quarterly Activities Report September 2011 , page-4
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