LCL 0.00% 0.8¢ lcl resources limited

(a bit of a) Summary, page-86

  1. 5,709 Posts.
    lightbulb Created with Sketch. 8057
    Had a bit of a look at the TSO resource announcement/progress and I can't say that I'm impressed with what they've put out.

    Raised $30M+ since listing and multiple rigs drilling 24/7; I thought they would've waited long enough to put out something a bit better than what they've put out.

    Anyway, as most of us have alluded to; it was always a matter of time before LCL stopped being valued at a fraction of TSO and caught up to it - looks like TSO might soon be valued at a fraction of LCL (I would rather that happen by LCL flying up, then TSO going further down).

    I've updated the TSO-LCL comparison summary per below.

    Cheers,

    GB.







    LCL vs TSO - 01-08-21.jpg
 
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