LCL 25.0% 1.0¢ lcl resources limited

Seems like Veri-veri nickel prospect could potentially be the...

  1. 335 Posts.
    lightbulb Created with Sketch. 74
    Seems like Veri-veri nickel prospect could potentially be the "black horse" here...

    Have a look at the previous exploration results from GMX:
    fb8ec040-3a0e-41f6-83a9-6734282181e9-GMX379168.pdf
    d1f8952e-6319-4657-b749-c19376f64bc9-GMX372636.pdf

    The nickel deposit is mainly sulphide mineralisation (ideal deposit) and any grade above 2% is considered as high grade... So LCL is onto something ultra high-grade here...

    In 2012, the nickel price is not that appealing compared to now...and this prospect finally got revived... As other poster has commented, what they need to prove from here is the mineralisation can extend more than 200m...if that is confirmed, a significant re-rate is guaranteed and JV opportunity is around the corner for this...
 
watchlist Created with Sketch. Add LCL (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
0.002(25.0%)
Mkt cap ! $7.719M
Open High Low Value Volume
0.9¢ 1.0¢ 0.9¢ $1.612K 171.2K

Buyers (Bids)

No. Vol. Price($)
2 644345 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 2453997 8
View Market Depth
Last trade - 12.56pm 04/07/2024 (20 minute delay) ?
LCL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.