The latest Lakes Entertainment report is out, and it's more of the same sad story. They're slowly writing off their investment as time goes by with no progress.
Actually, during the teleconference, Lyle answered a question as to where he thought the project was at. He indicated that the environmental impact study should be complete by the end of the year.
They are still burning through money at the rate of approximately $4M / year ($1.1M in 1Q and .93K in 2Q).
Actually, during the teleconference, Lyle answered a question as to where he thought the project was at. He indicated that the environmental impact study should be complete by the end of the year.
ReplyDeleteThey are still burning through money at the rate of approximately $4M / year ($1.1M in 1Q and .93K in 2Q).
Mike