LRL 3.85% 25.0¢ labyrinth resources limited

testing ?, page-2

  1. 2,328 Posts.
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    Yes definately, I'm assuming they are flow testing or have completed flow testing, or perhaps they never got that far due to encoutering water as they indicated was potenially there at ZJS7. The ASX continuous disclosure requirements do give them flexibility if they deem the information not to be material or to have a major impact on the share price (dyor)

    PA never released the assay results from the scat balls they drilled at Mt Leyshon. This company has an issue with transapareny and disclosure IMO, and a history of abysmal forecasts of how long it takes to do something.
    Doing the bare minimum and not regulalry updating investors on projects is why this company is trading with no to little EV

    Still I like the projects, price and potetnial upside in LRL and PA has been a winner before and has enough skin in the game to spend the ~37m in the account wisely so hence my LT buy sentiment


 
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Last trade - 15.53pm 15/11/2024 (20 minute delay) ?
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