Sorry! I had to reply to such an invitation. A very entertaining post. I fear that looking at todays sales,it could be stunningly negative. In no way am I gloating, I just feel that the colossal risks and capital requirements, for such an ordinary project, leave it at the bottom of the list.
In this climate, I think that they are probably stuck, unable to finance or do anything much. Brett must be worried about his pay cheques.
Of course this is my opinion, and there is a slight possibility that I am wrong.
I do agree, that the overall climate is due for something good. I think the China decline thing, was overdone.
LCG Price at posting:
1.8¢ Sentiment: Sell Disclosure: Not Held
