Lcl is fully funded in the next two years to explore quinchia
If management shows financial acumen the market will believe this
Start from showing 80% of the money will be spent on the ground
Don’t inflate salaries and and certainly don’t start to line their pockets
Buy a few on market to thicken their skin
The above is all it takes. And The drills will keep delivering the goodies
$12m after paying rmb
$13.5m options conversion by aug 2021 expiry
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$25m
LCL Price at posting:
17.5¢ Sentiment: None Disclosure: Held
