Agree Dugsab. But, that seller @ 11.49 came out of "nowhere". Can you explain the ANZ ann's relevance?
I've been watching the overall "mining" market recently and I'm sure you have to. I haven't seen such demand and support for what really are still speculative stocks for years. Even those that are "progressing" to production. It suggests to me that that risk aversion that we have seen for so long seems to be abating and if people (punters) see that the company is doing something they are very happy to take the punt. Big time!!
Clearly LNY, which is FAR FAR more advanced than most of those that have seen huge percentage rises is held back BECAUSE the market, those punters and investors, aren't getting ANY information from the company.
IMO, that will change quite dramatically, as those others have, immediately that ML is official and production commences.
I' d be amazed if management, who are all old hats at market play were not fully aware of what they are sitting on (news) and what will happen when it is released.
IF ONLY we knew what is holding it up!!!!!
LNY Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held