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3.85% 25.0¢ labyrinth resources limited

heavy buying pressure in the uk, page-3

  1. Rifici
    2,239 Posts.
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    15/12/12
    15:14
    Post #: 11193040
    Cash for another play?

    For exploration, development, approvals, pilot program and then full field development, I would think they don't have any cash available for another play.

    SEH would have spent around $150mill to get their exploration and approvals completed and they will then need to fund the field development.
    LRL Price at posting: 28.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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