september call options, page-4

Hi ght
Main headlines are ncm reversal because of lgl miss on profit vs concensus

There is also a lot of trade happening following options expiry

Lgl ceases trading from Monday on the asx,,so if your holding then your capital is tied up for a while whilst shares get allocated,allotted etc and some may not want that

Profit taking

Gold down a little

Market nerves, Dow below 10000

Good thing is production and cost guidance maintained

Now i don't suggest anyone do this without considering your own position and without speaking to your advisor,,,,,,if you don't want your capital tied up,,one could sell your lgl and buy ncm,,,that way you can still liquidate if you need to without having to wait for cash payment and ncm .shares allotment allocation etc

Again, this will depend on your own situation,,like when you bought the lgl,,capital gains tax etc etc and your acceptance for risk.........

Welcome to the company. Ght,,,,,,ncm big has certainly unlocked some good value for lgl holders