LRL 0.00% 1.8¢ labyrinth resources limited

is cash included in the offer?, page-8

  1. 3,134 Posts.
    don't think is DRD. They have set the purchase price. I think is someone keeping a lid on for accummulation to get DRD cheaply via MLI. Just compare DRD with NCM. NCM mc is $14b with AU resource of 70moz and 9mt Cu. DRD mc is $385m with resource of 58moz.

    So why is DRD cheaper? Because NCM has a share buy-back scheme on and is keeping the SP up.
 
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