Perhaps that explains the southerly SP over the past 6 months and why the market's valuation of the Laos Bauxite Project is virtually zero....Particularly if Government approvals to mine and build a refinery have not been granted.
4 year Moratorium on Mining Investment plus 2 years min for approvals and to build a refinery = 2018 = Very Long Term Buy = Patience with a Ginormous "P"
Mmmmm Focus shifts onto Supplejack drilling campain in a big way...
If Supplejack draws a blank then it looks like we'll be waiting for a few cows to come home with the Laos Bauxite Project.
Good luck fellow shareholders
VAN Price at posting:
2.0¢ Sentiment: LT Buy Disclosure: Held