FIRB approval is the big one. I'm not 100% certain they will get it as I suspect the govt would not be overly keen to see 66% of a project go overseas. Is anyone aware of FIRB approving foreign ownership of a mining project greater than 50%?
The 100K sales going through have been monotonous. If it is Sin Tang then there's a lot more to come. I can't help thinking it's the mob that get the $60K placement at 30% below the VWAP. Their last issue was around 5c.
LCG Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held
