Let's hope they sell Colombian assets than raising capital at this levels.
I would rather them being sold or merge with a cashed up producers than being diluted again with market capt at $8m
I believe is just a major of time before we here about new offers.
I believe management is going to be very careful and hear about all new offers before accepting one. They know shareholders won't accept an unfair offer.
My bet is this is going to take until late April. But who knows, we can have a trading halt at any moment.
LCL Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
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