Nose! IMHO I agree with you. Investors are not even buying shares at lower than 4c (CR price). Previously I already stated if subscription is low, money will only be use to pay directors salary.
Also you need consider which bank will lend money to fund an IO project with cost $95/t? Sichuan company (biggest share holder) will need to fund this themself, so there is some small possibility project will go ahead, but will other holders get anything?
LCG Price at posting:
4.8¢ Sentiment: None Disclosure: Not Held
