LCL 10.0% 0.9¢ lcl resources limited

I`m hopping to be taken over at a higher rate but I won't...

  1. 64 Posts.
    I`m hopping to be taken over at a higher rate but I won't discount your concerns. I recon that the directors will hold for a value that gives them a good profit. Anything less than 7-8p will take the urine. Taca Taca deposit (Lumina copper) was bought for this level (adjusting for resource size). That was in Argentina not the best environment for mining to say the least. I still think 10 - 15p is a good price but the BOD will have to pull the proverbial rabbit out of the hat. I`m still confident the fundamentals are excellent and the BOD do have good history, and seem trustworthy.
 
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