Doubt over whether the discovery is going to end in either a buy out or production. It's in an area that struggles a bit with that. LCL are doing the right things though - engaging the local community, addressing environmental concerns etc. They've pulled back in spending on exploration to focus on approvals and progressing the project through the regulatory hurdles, which is a sensible path. It's a bit wait and see now. If it was in Australia, the market cap would be multiples higher.
Ann: June 2022 Half-Year Financial Report (Amended), page-4
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.683M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $3.173K | 352.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 4581457 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 279599 | 2 |
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| Last trade - 15.58pm 06/11/2024 (20 minute delay) ? |
| LCL (ASX) Chart |