In my opinion they could have done communicating the mt leyshon liabilities and rehab commitments, there has been very little announced in the past on this but they have of course talked the scat reconvery process up which it appears comes with a sting in its tail of a huge rehab commitment. I question whether the market has been adequately informed.... It looks like they just given the scat recovery project away to newmont as part of the rehab settlement.
More pressing question is what ever happened to the 8m usd that leyshon energy had,..? Did they spend it all on rehab commitments....? It's been 15 months since the capital distribution, delisting and disappearance..... the winding up was supposed to take 9months. Paul Atherley has some explaining to do to shareholders, I can't believe someone gave him a job on another board and he has left this shambles behind him
LRL Price at posting:
1.2¢ Sentiment: Sell Disclosure: Not Held
