LSG lion selection group limited

big move today..., page-5

  1. 708 Posts.
    LSG to be included in S&P/ASX 200.

    Latest announcement suggests that the major gold companies (AngloGold holds a big stake already) are interested in taking EAGM over, much to the dissapointment of LSG management who see a float of the company as a much better way to extract full value for the company's assets.

    For outstation:

    "Lion and African Lion remain of the view that maximum value for shareholders can be achieved by
    floating EAGM on a stock exchange, most likely in Canada."

    I hope you bought a few LSG outstation since our last talk.

    Cheers, J.
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