Regarding the DTH hammers (and drill bits) my guess is the company lacked the resources to market the product even if it lasted three times longer than the competitors .
They were up against established drill companies who had established strong relationships with mining companies , making LBL the new kid on the block .
Also as you mentioned they also have other fronts , which are not in the too hard basket
LBL Price at posting:
16.0¢ Sentiment: None Disclosure: Held
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