LRL 0.00% 1.6¢ labyrinth resources limited

possible management buyout, page-6

  1. 5,164 Posts.
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    I think it is a private company---or one held by a single major and a single project.
    A capital raising at 30c is most likely---the only torpedo to this could be the POG.

    Full details are expected to be out within another 7 days--this will enable both a EGM and AGM (allow another 28 days) to be held together......relisting possibly NOT until these events complketed and funding in place....expect the company to more that double its size and profit to go up by 3.5-4 times original Stage 1......further funding will show all the expidited Stage 2 is UNDERWAY

    Also treatment of sands/slimes back on track for a full year of 40 k oz....

    All this is very positive and should satisfy even the Frost worriers...particularly as it will bring in many experienced workers in the field.

    And dont be surprised that in the near future some other precious metal deals eventuate....cause ther is going to be one almighty cash cow moving on
 
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