Long Run Explor Ltd Ord WFREF

RE:seems like a small market cap 193 million for a company

[syl3993]

Absolutely I agree, LRE will get through this. When this company first came across my radar a few weeks ago (before the dividend cut) I had to give my head a shake. Aside from the dept, this company is in very good position for the future. I didn't like the dividend because I thought the money could be better used paying down dept. Then they cut the dividend and I went cha-ching and decided to buy into the company. Management comments the other day only justify my decision to buy. They are positioning the company for the market we are in and as an investor, what else can I ask for. Strong buy is my recommendation for LRE.