LRL 3.85% 25.0¢ labyrinth resources limited

It was one year ago today that the Zheng Guang project sale was...

  1. 4,966 Posts.
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    It was one year ago today that the Zheng Guang project sale was announced.

    Buyback on hold (how low do they want the price to go?)

    12 months without finding a decent project (assuming they started looking when they sold Zheng Guang, maybe earlier)

    Project acquisition seemed more distant qtr on qtr even though cash burn was up (over $1m on admin)

    To directors (although i doubt they read hotcopper from Beijing, Hong Kong or wherever else they are based)

    How much longer? What exactly are you spending shareholder funds on?

    Find a decent project soon or make way for someone who can.
 
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