LRL 3.85% 25.0¢ labyrinth resources limited

Spent a bit of time reading. The buy back's in place but not...

  1. 6,676 Posts.
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    Spent a bit of time reading. The buy back's in place but not needed as the share price remains above their buyback figure. Thats rare.'

    Still early into my research but management strike me as shrewd.

    This statement by the company interests me -"The Company continues to generate investment proposals from many locations around the world and it actively considers each one in light of its competitive advantage of being located in Beijing and able to access the Chinese end user market"

    "Access the Chinese end user" would love for the company to elaborate on that statement.

    It would appear they certainly know the ropes in China,
    I'm surprised it doesnt have a bigger following on the back of HUN but it certainly looks to be capable of replicating its sp performance in the short to medium term.

    I'll keep reading.
 
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