Is there any infrastructure in place at the moment to be able to ship anything right now? I'm speaking more in terms of the railroad and getting the goods to Townsville? I don't know, but what I also keep wondering is how might it be beneficial for management to have a lower share price here. It maybe someone's intention to keep having the share price drop and at some point right before a partner is annouced load the boat.
All I know is that the share price hasn't been reacting to a deal being in the works at all. I suppose that could change very quickly, but as we've all noted the assets of LGDI are well below book value now and that doesn't make any sense.
Has all the speculative money just been wrung out of the shares or does someone know something we don't?