LNR 0.00% 0.3¢ lanthanein resources ltd

Ann: Quarterly Activities and Cashflow Report , page-4

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  1. 1,414 Posts.
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    It is what was expected from this qtr from the plan last year. The company is running on minimum cash to protect itself long term. So two positive. 1. Expenditure is well down, yes it means no exploration. 2. Torque is progressing which should (hopefully) generate a regular cash flow to take the stress not the company and give it a good financial position to raise money for renewed exploration.

    The next interesting piece will be the plans for the rest of the year.

 
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