LCL 10.0% 0.9¢ lcl resources limited

Ann: Activities Report & Appendix 5B - September 2015, page-6

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  1. 639 Posts.
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    Stating the bleeding obvious but this deal needs to get done and before end of Nov you would think - alternative is another dilutive CR - which would need to be underwritten as shareholders have had a gutful of this continual waste of money and erosion of shareholder value. What is the likely uplift to SP should a deal actually get done? Only positive is copper price seems to have found a 2.30-2.50 range for now.

    Hoping for upside but no confidence.
 
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