Every couple of years LRS moves on to a new "project" in a different country. They never have permits for any of these, they just say "here's a region that looks promising", inferring that they have permits to explore, which they don't. None of these "projects" ever come to anything, and I bet if somebody asked the local officials about them, they will say they've never heard of LRS. Pure lifestyle company and to my way of thinking, it's a form of fraud but perfectly legal on the ASX.
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