The reaction of the audience may best reflect how well he was able to interest prospective investors in LSG. When they were asked for questions----not one person was interested enough to ask any question! Not one. His presentation was repetitive. There was barely any mention of profits. He indicated the low targets for 2012 would be met and promised that 2014 would be great. Little was said about 2013.
It appears that LSG is still stuggling to get the pieces working together. Attention was defelected from profitability by talking about the resource base, exploration drilling and the longer term prospects for Fenn-Gibb. Assurances were given AGAIN that current finances were in good shape. But there is not enough to do long term investments like Fenn-Gibb.
It would appear the presentation would not likely attract new investors and may instead motivate some to sell.