LCL 25.0% 1.0¢ lcl resources limited

Ann: Trading Halt, page-42

  1. 4,127 Posts.
    lightbulb Created with Sketch. 995
    Dont know, just heard same as Akdjnr 16c $15-20mill Euroz Hartley.

    Underwriting oppies would be great also IMO, another $8.4 mill.

    Wont need to raise for another 24months and by then SP will be well north of 50c, probably alot higher as the grades and resource estimate crystalises further.

    If thats 177mill extra shares still only 664mill shares on issue in 2 years. Surely Market cap would be in the vicinity of $300-400mill or 50-60c per share.

    IMO DYOR


 
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