Share some similar individuals and investors with LCL - TIE operating in West Africa.
The company wants to deliver 260,000oz of gold in 2023, and 1.2Moz over the first six years of an initial 11-year mine life. Tietto shares were at A50.5c today, valuing it at $411 million. The stock has traded at 28-65c over the past year. Petra Capital has a ‘buy' recommendation on Tietto with a target price of 85c.
Combined measured and indicated resources are 1.15Moz at 1.4gpt for the AG Core deposit, part of a slightly increased total resource of 3.45Moz. In construction and have just raised $130m for a $200m development cost...
LCL ceratinly has some catching up to do on the MC metric but I imagine will have a larger MRE before project gets to the kick off stage....
Ann: 1.3Moz Resource at Tesorito grows Quinchia to 2.6Moz gold, page-234
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Last
1.0¢ |
Change
0.002(25.0%) |
Mkt cap ! $9.648M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.9¢ | $7.415K | 816.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 3432586 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 2453585 | 8 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| LCL (ASX) Chart |