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3.85% 25.0¢ labyrinth resources limited

valuing a tight gas discovery..., page-11

  1. deletedname.
    19 Posts.
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    07/12/12
    14:20
    Post #: 11160791
    They only buy it by paying back costs AFAIK.

    Its the way the Chinese government gets free exploration done.

    Government companies have back in rights.

    Foreigners come in and spend 100%.

    You do not find anything, its all your cost you lose.

    You find something then Chinese company can get 40% by paying back costs and thats it, thank you.

    Free exploration, they only back in when something is found.
    LRL Price at posting: 27.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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