Well done Cougar....I dont think we're even moving yet.Its still...

Well done Cougar....I dont think we're even moving yet.

Its still a third of its normal trading rang of 1.5-1.8 two weeks ago before all the confusion hit so we got a another 1 cent to put on at least imo.

The interesting thing will be the ANZ situation now that they are a major share holder. Depending on the news, we may see LSL recover from its already extreme lows of 1.5-1.8 cents.....that was how low it was 2 weeks ago.

The company is a small one but seems quite savvy in their investing and business's.

a few years ago..they were in the red...the last 2 years, they have more profit each year. In 2006, they cleared a profit of 4 million, last year 2007..they cleared over 8 million....this year I believe they will do even better.

For a small company...thats pretty damn good money making.

ANZ now being a major shareholder is likely to help them along or sell their shares off market to another interested player who could help the company back to a better share price like 3-4 cents again.