I note that a few of you folks attended the recent AGM and that the gold asset was discussed. I'm a bit bemused that there does not appear to be a value attributed to Mt Leyshon in the Company's accounts. There do appear to be some on going liabilities though. My understanding is that it has been stated by the BOD that the gold asset may be separated from the gas and shareholders would receive a dividend against the value. What value ? If any one can enlighten me and I'm sure a few others I/we would be most grateful.
LRL Price at posting:
19.5¢ Sentiment: Hold Disclosure: Held