LCG 0.00% 6.0¢ living cities development group limited

answer for fwl rise could be on btv thread, page-3

  1. 7,264 Posts.

    Hello Eye over it,

    Such A Script move for BTV as I have suggested, and Yes it's just my thought ; by FWL would make a lot of Sense, because FWL presently only have approx $107,000 Cash (as per their last Cash flow report and no doubt less now), a $5,000,000 Line of Credit, and are in the process of placeing a $3,000,000 Convertiable Notes Issue. FWL' s 'Cupboard' is 'rather', Bare.
    BTV have an excellent Cash position ( approx. $25,000,000 with full Payment for Deflector etc.) and Richer Iron Ore Assays from their Tenements which are close to those of FWL.
    BTV with the ATW deal for Deflector 'Signed and Sealed' look a very attractive Target for a Script move by FWL and PERHAPS FWL Directors MAY see it this way too.
    Yes, as You have Posted this is all just speculation by me however there is reasoning in this speculation.
    No responsibility taken for any losses in association with this Posting.

    Regards,

    moly
 
watchlist Created with Sketch. Add LCG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.