LRS 0.00% 19.0¢ latin resources limited

Ann: Trading Halt-LRS.AX, page-64

  1. 324 Posts.
    "The Managing Director has recently been in Catamarca with the exploration team to assess the projects and timeline .The concessions have been delayed in being granted due to the actual size of the project, the concessions total 70,000 hectares, therefore creating a longer administrative process for the mines department than normally expected. The processing of the concessions are nearing completion with the authorities confirming that they will be granted in October." (my emphasis)

    The delay is frustrating but I like the "confirming that they will be granted". Looks like a rubber stamp process.
 
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