LRL 4.00% 2.6¢ labyrinth resources limited

fundamentally oversold, page-11

  1. 1,307 Posts.
    Should be hearing news soon about:

    • Processing Emerald Ore at Mogale with West Wits ( should return $5M+ per annum for Mintails)

    • Sale of ERGO Mines JVC (should return approx $9M cash and 100% control of Witfontein Deposition Project)


    Hoping for news in near future about:

    • Plan for commissioning of Gold 3

    • Would be nice to get an update on Gold 2 production now that it should have been operating at full capacity for 6 weeks or so

    • Very interested to hearing about JSE listing progress, this is an excellent move IMO

    • Waiting to hear re gaining regulatory approval for the Witfontein Deposition Project. This should give us another income stream and opportunities for more partner deals from this regional tailings facility.



    A fair bit of sensible activity in the pipeline now, looking forward to steady improvement this year and onwards from this current position.
 
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