Lamboo Resources Limited
(ASX:LMB) retracts the announcement of 24 June 2014 in relation to the scoping study on its McIntosh Project (Scoping Study Announcement), in which the announcement set out a production target and financial forecast (including NPV calculation) based on an indicated and inferred mineral resources and on exploration targets. Given that 91% of the production target is based on an inferred mineral resource and exploration targets ASIC and the ASX are of the view that the forecast results may not have a reasonable basis. Accordingly, the Scoping Study Announcement is hereby retracted. This retraction has been made in consultation with ASIC and the ASX.
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