LCL 5.88% 0.9¢ lcl resources limited

las bambas deal $5.8 billion , page-22

  1. 11,010 Posts.
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    It does look like the Chairman is not giving it away for nothing. There is still about 5.5million in cash and the overhead cost at the HO has already been half. It does look like we are on the right track. Even at the current low copper price, the return is over 100% and the mine life is over 15 years for the project.MNC has appealed for the permit to be extended and once this has been achieved the serious talk will resume IMO.At the current MC, it does look like it is being traded at 10% of its value, snic.
 
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