LCL 12.5% 0.9¢ lcl resources limited

Was told to have a look at a TSX listed company with operations...

  1. 749 Posts.
    lightbulb Created with Sketch. 237
    Was told to have a look at a TSX listed company with operations in Columbia and other parts of South America..

    Though the style of mineralisation and mining technique are not applicable for LCL projects, it is interesting to see this company producing Au and even paying small qtrly dividends to shareholders over the last year and longer. Recently listed on TSX to gain capital and obviously more exposure outside of Columbia,

    Mineros is a Latin American gold mining company that has been operating for almost fifty years. Although new to the TSX, the Company has a long history of profitability and payment of dividends to shareholders on the Colombia Stock Exchange. Mineros has a diversified asset base, with mines in Colombia, Nicaragua and Argentina. 2020 production totaled over 270,000 ounces of gold. The Company has a robust portfolio of exploration to development-stage growth assets throughout Latin America.

    https://hotcopper.com.au/data/attachments/4255/4255775-4e21d7c369744a70d2b12711d354bdd6.jpg
    Little early to be a fair comparison as LCL not producing but we can see where we might end up.

    https://hotcopper.com.au/data/attachments/4255/4255777-e148b43fb4b9754c72b742a30eec6d34.jpg

    Have advantage of plant in operation already but treating significantly lower grade material (by different methods) but total is probably half of what LCL have identified already...

    https://hotcopper.com.au/data/attachments/4255/4255783-ef3ca0c6f1469f17e637d829c9f162a2.jpg

    https://hotcopper.com.au/data/attachments/4255/4255787-e393188940d1a1c8c4657396d4610bc3.jpg

 
watchlist Created with Sketch. 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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.