Hopefully once cash from the sale of the Canadian assets hits...

Hopefully once cash from the sale of the Canadian assets hits the bank account LRL will be in a position to do something. It was a bad move to get an overseas project as the company is too small for grand plans.

I understand the back to basics approach undertaken by Jennifer starting with offloading the Canadian assets as they were becoming too dilutive to be of any benefit to shareholders. It took a change at the top to make the hard decision to change tack because people don't like to admit to making a poor choice originally and then backtracking. I am holding a couple of small explorers which needed to have the guts to make changes earlier but egos got in the way and due to the board just falling into line with a strong minded individual, shareholders of both companies have suffered greatly.

The next step will be to find a reasonable project close to Comet Vale and try to build some momentum through exploration results. We are starting at the bottom again which gives Jennifer the opportunity to put her stamp on the company. It's now on her to prove her worth