Sunday April 20, 2014


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Lunch with Paul Atherley of Leyshon Resources - Valuation is just wrong

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- Tom Winnifrith

Wednesday saw me enjoy lunch with Paul Atherley, the CEO and largest shareholder in AIM listed Leyshon Resources ( LRL) which at 11.5p is capitalised at £27.76 million. That is simply the wrong price. Other than the value in Leyshon, and the fact that Atherley is a Man United supporter who actually hails from the grim North rather than Esher, a number of other matters struck me.

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