LCL 10.0% 0.9¢ lcl resources limited

Ann: Quarterly Activities Report, page-45

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  1. 206 Posts.
    lightbulb Created with Sketch. 13
    This is not a good mining project , have you seen those mountains? How to start mining that? Thats why its sinking. It has no future...  Or come back with 30g / T  jorc  
    There are companies with 15 m capital who have 6gr/T ton gold http://www.metalbank.com.au/triumph-project/   @MBK
    Why even try ?  They would lose money anyway with less then 1gr/T
    Look at @blk they are in production, flat land, great land assets Australia with similar gold grades and struggling. But it could go better with a higher gold price.

    Good luck
 
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