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Comment by TheRock07on Apr 15, 2011 12:07pm

RE: Cash Burn an Issue...

2guys, can you read ?They are fully funded for all activities thru to Oct of this year and expect that addiitonal grants will be rec'd over the next feww months to fund them thru to the end ...more

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Comment by chalkmarkson Apr 15, 2011 9:20am

Cash burn has always been the issue with LEC, and most other junior industrials.In my view they have been remarkable in their year by year ability to continue to meet various benchmarks to qualify for ...more

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Post by 2guyson Apr 15, 2011 8:13am

Cash Burn an Issue...

For the moment anyway. They're either going to have to go to the markets or hopefully they get the funding from the DOE in the US.Would be quite the no brainer if they had substantial cash ...more

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Comment by TheRock07on Apr 15, 2011 8:03am

RE: RE: RE: long base line

It was $2 in 2007 and was then a biofuel upstart at a time when biofuels were really big.The market and oil price collapse in 2008 resulted in LEC turning its business model upside down.Its main aim ...more

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Post by brunton2bcon Apr 15, 2011 1:41am

M 101

Maybe its best that we don't go there?

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Comment by naccomatoseon Apr 15, 2011 1:35am

RE: RE: long base line

Were there as many shares back in 2007?Thanks.

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Comment by M101on Apr 14, 2011 10:36pm

RE: RE: RE: long base line

I was wondering about that, what's the story? thanks

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Comment by SlumdogMillionaireon Apr 14, 2011 9:34pm

RE: RE: long base line

That it was my friend, that it was.

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Comment by brunton2bcon Apr 14, 2011 9:03pm

RE: long base line

On the 5 year chart it looks like LEC was north of $2.00 back in 2007.

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Post by M101on Apr 14, 2011 4:35pm

long base line

Couple of years worth of resistance in the .15-.20 range but if you like technicals you like a long base line for a big run.I'm in for 500,000 at .105, picked it up on the way down starting at .12 ...more

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Comment by TheRock07on Apr 14, 2011 2:28pm

RE: RE: TheRock07

Thats right..Hayward securities.Getting that hayward chap on BNN would be a real booster for LEC.We are currently trading at a market cap that is still below our working capital level..............no ...more

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Comment by chalkmarkson Apr 14, 2011 2:09pm

RE: TheRock07

Back in the day, Haywood was often referred to as Wayward Securities by industry jokers.Like Canaworms - oh, that's no joke!Attn: #33 lawyers - the above was a joke.Seriously.I'm glad I ...more

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