LRL 3.85% 25.0¢ labyrinth resources limited

starting to stir?, page-6

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    Hi Oscarone

    Yeh i agree, from what i know off mongolian politics it is a lengthy process in order to get access/approvals for licenses. Most other companies have to muscle there way in on already granted leases by buying them from the owners at an early stage.

    Will be good if this can be avoided, funny enough i also emailed them today with a few questions (holding my breath for a response now). Lets hope they are flat out looking at projects. Good to see on the financials they are cash flow positive after all expenses. Making 250k last quarter, with 21.5c cash backing its hard to see a downside from here. Lets hope we get some news soon

    GB
 
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