Living,
I doubled up my position on LBE. I think that the pathway to production is clear and secured, IMHO.
I don't think that LBE constiutes a gamble any longer, now that the financing is in place. Nickel prices may be a gamble, but that is true right across the industry. But I don't think LBE itself is a very risky play at this time outside of Ni prices.
As far as the price goes, I cannot see the price changing positively until after the financing is complete, due to the warrant clause.
That is just my opinion, however, and I encourage everyone to do their own DD. I do not make it a habit of trying to tell people what to invest in.
Cheers,
Bluenoser