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0.00% 6.0¢ living cities development group limited

No response to the presentation! Is that a stunned silence?I...

  1. nose
    854 Posts.
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    16/07/12
    12:43
    Post #: 10438883
    No response to the presentation! Is that a stunned silence?

    I have to say something, as I have been constantly rubbished for my billion dollar capex figure. At 1.6b, Eyeover, that is twice your figure!

    I was a bit surprised by the percentage margin on the MPI, thought it would have been higher, going by the expectations on this site.

    The per ton cost of producing the magnetite concentrate, seems high!

    I am not convinced that the MPI plant will proceed.
    LCG Price at posting: 3.2¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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