Update on which to my comment. I've just read the quarterly report. It states there that the selling price is in Australian dollars which to me is beyond ridiculous! A 3m oz gold resource with permits should fetch at least 50m us dollars or 90m aud and these clowns sell OUR property for peanuts. Also seems clear that we are talking for a mere 1% royalty and I still don't know what the 2% RMB royalty is (might be the colombian state?). Clearly a fishy relationship between the management and the Tiger clan that need to be legalized by a vote in AGM by the shareholders. You have all been warned. I am voting NO and my lawyers said that documents of a public bidding competition should be brought forward for this to be legal.
LCL Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
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