LCL 10.0% 1.1¢ lcl resources limited

metminco boosted by progress at los calatos, page-36

  1. 4,420 Posts.
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    new tire kicker here. With 1.75 billion shares on issue, and likely quite a few raisings yet to come to get this resource through feasibility, and the share price fairly low at 14c, what are the reasons to think there will be strong share price appreciation ? There looks to be a lot dilution yet to come.....compare this to (say) MGO, with a similar type of deposit target, and probably not much dilution to come now before feasibility....

    I am genuinely interested in people's thoughts.
 
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