Just noted the following from ann. 5 October 2020
For 100% of Chuscal to LCL, Anglo Gold Ashanti will hold;
"10,476,597 fully paid ordinary Los Cerros shares (LCL Shares)
15,430,648 options to AGA, with an exercise price of $0.16 and an expiry
date 12 months from the date of issue"
Presume Anglo will exercise to add nearly $2.5 m to the cash balance of $7.9 m as at December 31.
Cash burn of $1.2m per quarter.
In good shape for a lot more drilling.
Ann: Tesorito Gold porphyry drilling delivers 582m @ 0.94g/t gold, page-29
-
- There are more pages in this discussion • 130 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LCL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $8.684M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $7.111K | 888.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2628074 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 179366 | 2 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| LCL (ASX) Chart |