hey yorick, are you willing to share your info with the rest of the boys?
don't know whether it was luck or not I bought in about an hour before the trading halt.
strange that a company that is well funded around $6.5 million in the bank would require any addtional funds.
Thats what leads me to believe that the Chinese are involved in the ongoing talks because if it was a simply JV with one of the majors, they would just fund exploration for a percentage of the tennement. Instead the company highlighted the fact they may issue more shares, so at least one of the parties involved is keen on an equity stake in LML.
With prime landholdings in well known iron ore/uranium/lead/zinc rich provinces it is no surprise that someone wants to sink their claws into LML.
Either way it will be very interesting to watch LML early next week when they reveal all.
What do LML holders think the outcome will be next week?
LML Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
