LGL - Lihir Gold

[sneak'n]

I Lihir does have a bit of risk associated with it though...the countries and surroundings it operates in aren't the most sound and secure. What if the volcano explodes? Mmm.

Lihir Island is on the Rim of Fire. Not much chance of an eruption, although earthquakes are par for the course in that region. My fear would be a tsunami that rolled up the shores and took out LGL's facilities.
Aside from that, in the gold mining game a greater risk is a team of turkeys at the helm, such as befell Croesus and the mob in WA that had the gold/tantalum mine (forgot their name- sorry).

 

[JTLP]

Lihir Island is on the Rim of Fire. Not much chance of an eruption, although earthquakes are par for the course in that region. My fear would be a tsunami that rolled up the shores and took out LGL's facilities.
Aside from that, in the gold mining game a greater risk is a team of turkeys at the helm, such as befell Croesus and the mob in WA that had the gold/tantalum mine (forgot their name- sorry).

The turkeys at LGL overpaid for Equinox or whatever it was called...also the mine in Victoria was a big mess.

I don't hold Lihir but if I was a holder i'd be pretty annoyed. This is basically a saving grace for long term sufferers.

 

[wecanallinvest]

Computershare registry stuffed up. They are supposed to pay $aud to shareholders with an australian address. I complained - they know about it but wouldnot say how many were effected - supposed to get back to me to say what they are going to do about it.

Any more news on this? I got a call from my bank today advising me of the $20 fee to clear my cheque so not happy either...

 

[sinic]

They claim to have sent a letter on Friday - giving 2 options.
1. bank the us cheque and bear the costs
2. send back the check and they would do a direct credit in aud to an account you nominate.

I have not seen the letter yet but I will send they cheque back -

I would ring them up and complain that their incompetence has cost you $$.
How hard can it be to have a computer system send the correct dividend to a shareholder?

 

[late_start]

just received the letter today advising exactly what Sinic said. Well, too late for me, deposit the cheque on the very first day of receiving it. Paid $20 fees. Sold all the LGL shares the next day.

 

[Boggo]

Order filled, good looking and almost irresistable R/R however it is a Rudd influence free OS gold stock.

Lets see how this pans out

Any more news on this? I got a call from my bank today advising me of the $20 fee to clear my cheque so not happy either...

Bendigo Bank (formerly Adelaide Bank) only charged me $10 for the conversion.

(click to enlarge)

 

[Fed23]

Was wondering if someone couldhelp me out. I didnt vote on the scheme for the NCM take over.

I understand that tehre was the mix and match 8.43shares plus 22.5cents a sahre, but cause I didnt vote I get the maximum share consideration. Did I just get jipped?

 

[Sean K]

Was wondering if someone couldhelp me out. I didnt vote on the scheme for the NCM take over.

I understand that tehre was the mix and match 8.43shares plus 22.5cents a sahre, but cause I didnt vote I get the maximum share consideration. Did I just get jipped?

To clarify your position you should call the company and explain your situation. Go to the LGL website and start here:

Media / Investor Relations Contact:

Josie Brophy
Corporate Communications Manager
Phone: (+617) 3318 3317
Fax: (+617) 3318 9203
Email: Josie.Brophy@lglgold.com

Joel Forwood
Investor Relations Manager
Phone: (+617) 3318 3331
Fax: (+617) 3318 9203
Email: Joel.Forwood@lglgold.com