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0.00% 1.0¢ lcl resources limited

Ann: $10M raising for multi-rig drilling and to extinguish debt, page-2

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  1. Quanta
    11,703 Posts.
    lightbulb Created with Sketch. 1077
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    15/09/20
    13:57
    Post #: 47353490
    Private placement to accelerate everything with significant demand of 4 times and institutional investors joining the register.

    1 day TH for placement and should be trading today.

    Thats a first time I have seen this in 1 day. The demand and the book muist have closed really early yesterday for them to trade again today!

    A massive gold project fully funded with 3 drill rigs. Should see sustained rerate over mid term
    Last edited by Quanta: 15/09/20
    LCL Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 29  Upvote
    lightbulb Created with Sketch. 3  Great analysis
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