LRL 3.85% 25.0¢ labyrinth resources limited

A positive but measured announcement imo. The UK market was...

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    A positive but measured announcement imo.

    The UK market was whipped into a frenzy for a number of reasons, including good media coverage, an enthusiastic announcement and MD interview. Speculators expected too much imo.

    Whilst I agree that the UK has the lead on LRL now, I think they will keep an eye on the ASX to maintain a sense of rationale.



    Oscar
 
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