Land& Homes Group (ASX: $LHM) Quarterly Activities Report - 31 March 2024

Land& Homes Group Limited (ASX: $LHM) released its Quarterly Activities Report for the quarter ended 31 March 2024. The company relinquished occupancy of its sales and display office for the Barry Parade project to save costs while contemplating its future. The project's feasibility and cost of production are the major focus, with no clear indication of when costs will materially reduce. The company is engaged with stakeholders to consider the project's future, with a decision expected in the current quarter.

Executive Commentary on Barry Parade Project

The Company continues to contemplate the feasibility of the Barry Parade project, with a focus on reducing costs. The decision on the project's future is expected to be made in the current quarter, and shareholders will be informed of further updates when they occur.

Summary of Land& Homes Group (ASX: $LHM) Quarterly Activities Report

Land& Homes Group (ASX: $LHM) relinquished occupancy of its sales and display office for the Barry Parade project to save costs while contemplating its future. The company is engaged with stakeholders to consider the project's future, with a decision expected in the current quarter. The project's feasibility and cost of production are the major focus, with no clear indication of when costs will materially reduce. Shareholders will be informed of further updates when they occur.