LCL lcl resources limited
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Ann: Binding Terms for the Sale of Colombian Assets, page-38

  1. goldfan
    2,094 Posts.
    lightbulb Created with Sketch. 453
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    07/01/25
    15:19
    Post #: 77303719
    This seems and looks like a great back door deal.

    Selling the assets to a dodge company that's not even listed and giving them 1 year for that.

    Shareholders should look at the full disclosure of this deal.

    Who pays for the expenses of holding the tenements, employee etc until 31/12/2025?

    I bet this guy are paying $10m upfront to LCL... and in 2 years (after left government leave Colombia) .... they go public valuing the company at $50M+

    LCL Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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