Please excuse my negativity and cynicism, but given what we do know, especially the company's very parlous financial position and working on debt financing for most of those 8 years, can anyone really give an honest reason why this management hasn't been able to commence mining that pot of gold in that 8 years? Mismanagement, at least. Negligence? Or, worse??
A management that has no experience in mining and no interest in its shareholders, as they have no effective power.!!
There's a tried and true centuries old saying that there are none so blind than those that will not see. Is that us??
What are we really expecting, a once off spike and then,what..??? There are 3.3 BILLION shares on issue.
LNY Price at posting:
0.3¢ Sentiment: None Disclosure: Held