Leyshon Resources Is All Lined Up For Its Chinese Coal Acquisition, With Money In Hand Plus An Advisory Board Of Very Senior Officials
By Charles Wyatt
Even while you are reading this update on ASX and Aim-listed Leyshon Resources the company could turn it into history by announcing the acquisition of a coal or gold project in the north western provinces of China, which is to say Inner Mongolia, Xinjiang and Southern Mongolia. Managing director Paul Atherley has been sieving opportunities that are being offered him for some time now and when he jumps it will all happen very quickly, as Leyshon is well cashed up, having taken around US$45 million off the table when it sold its Zheng Guang gold project towards the end of 2009..rea the full article here http://www.minesite.com/nc/minews/singlenews/article/leyshon-resources-is-all-lined-up-for-its-chinese-coal-acquisition-with-money-in-hand-plus-an-advis.html
Registation is free and the article highlights LRL standing in Chinese eyes, the credentials of Paul Atherly and the advisory board, and how lrl has positioned itself to move forward in a difficult and competitive enviroment.
Well worth a read, left me feeling like news is very close.
Might be time to top up imo.
Oscar
LRL Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held
