Hi mate,
If you check out NST - a gold miner who have a current market cap of 10.88 billion -, they started off with one mine and proceeded to buy more assets - other gold mines. It's taken them perhaps 10 years to go from 1 mine, 75 cents per share, to where they are today, nearly 10 bucks a share. If you're a believer that LCL can get Miraflores to production in perhaps a couple of years and then develop their other assets, you might get the picture of how LCL can develop well beyond the 1 billion dollar market range. They have many more tenements than just Miraflores, Chuscal and Tesorito. There are mitigating circumstances though. It will depend on drilling results, price of gold and LCL actually becoming a producing miner. But it sure is nice to dream.
- Forums
- ASX - By Stock
- LCL
- General Day to Day Banter
General Day to Day Banter, page-12
-
- There are more pages in this discussion • 1,205 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LCL (ASX) to my watchlist
|
|||||
Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $6.754M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $785 | 112.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 6655638 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 3430838 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 6655638 | 0.007 |
6 | 2608248 | 0.006 |
11 | 5224080 | 0.005 |
5 | 3628763 | 0.004 |
2 | 800000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 3430838 | 7 |
0.009 | 1657334 | 6 |
0.010 | 3787428 | 9 |
0.011 | 459999 | 2 |
0.012 | 2182842 | 2 |
Last trade - 10.37am 06/08/2024 (20 minute delay) ? |
Featured News
BOE
Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan
NEWS
Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo
LCL (ASX) Chart |