LCL lcl resources limited
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Ann: LCL Agrees increase to sale of Colombian Assets, page-21

  1. astavrou1
    1,850 Posts.
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    07/05/25
    13:31
    Post #: 78952347
    At today's market a good value would be 1% of the current PoG market price, so about 34 usd. Multiply that by the gold resources in Colombia of about 3.5m oz and you get well over 100m usd (160m aud)...i stated 50m usd as minimum acceptable bid price just because I applied a near 50% discount for the project being in Colombia and facing some local tribal resistance. 10m usd as the current deal is prone to a legal fight.
    LCL Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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