LCL 0.00% 0.7¢ lcl resources limited

General Day to Day Banter, page-200

  1. 59,191 Posts.
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    Ah yes. I reviewed the interview that I previously watched at the time and understand that in due course (when all the ducks are in a line so to speak) the Company will either seek out (or be approached by) a major cornerstone investor or a possible suitor.

    That eventuality seems likely however, there are still ducks to line up such as the DFS and resource upgrade for Miraflores (which could provide early cash flow, possibly mitigating any 2022 CR?) and a substantial amount of drilling on all prospects.

    Whilst it seems this year should see significant gains as exploratipn proves real resource probabilities, my guess is that 2022 could be the year that really defines the optimum value of the suite of LCL'S massive potential gold (and Cu?) mining opportunities.

    A very exciting time ahead and a good time to accumulate imo.
 
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