LOT 0.00% 26.0¢ lotus resources limited

Ann: Quarterly Cashflow Report, page-3

  1. 3,059 Posts.
    lightbulb Created with Sketch. 8248
    What exploration could they have done in Q4 2016. Native title not settled and hence access to the ground acquired in September was not possible. Still isn't for the eastern tenement. Without the arrangement with RHM even the upcoming drilling may not have happened.

    I suspect management would agree with you it is slow going but following the mining act and many other requirements does require inordinate patience and attention to detail to get it right.

    Progress may seem glacial but IMO it is probably as fast as is possible from what JK said at the AGM. There he was hoping to have drills turning by Christmas but grant of Native title and subsequent POW approval suggested it wasn't going to happen....
 
watchlist Created with Sketch. Add LOT (ASX) to my watchlist
(20min delay)
Last
26.0¢
Change
0.000(0.00%)
Mkt cap ! $476.2M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 100000 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 44203 2
View Market Depth
Last trade - 16.29pm 29/07/2024 (20 minute delay) ?
LOT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.