LCL consolidate a huge area to hunt for nickel at the worst time. If they had only focused in Colombia, things would be different.
But they now bought MUNGA and PAPUAN and has the whole nickel district for them.
They found a lot of high grade of nickel sulphide boudins along and across the strike of the corridor.
So far it seems there is huge potential to continue to find "high nickel grades of economic significance" and the trench is showing that. They just have to speed up and be more upfront about what they are doing. Hope new NED can improve shareholder relationship and deliver.
If they can reminf the market about the gold deposits and not sell it cheap, company should rerate to $5c+ very quickly
LCL Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)