LHG unknown

do your sums on lihir, page-2

  1. 9,081 Posts.
    I agree with you BT on LHG.

    It was a pretty unimpressive report .... one analyst on "Investor Web" rates them a sell and current prices and recommends a switch to NCM.

    Unfortunately, there may be a bit more pain for long suffering LHG holders to endure.

    I would that it were otherwise as the stock seemed to have so much potential.

    Management has constantly "talked the talk" of solving the production problems and cost overruns that plague the company .... but, so far, they have failed to deliver.

    I just think that there are better gold plays around than LHG.

    A drop below $1.30 would signal a much heftier correction for the company.
 
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Currently unlisted public company.

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