1% Net smelter of 2.6Moz.. let's do some basic speculation
Let's say in the future Quinchia produce 50koz per year (low end)
1% of that is 500 ounces x AUD $4600 = AUD$2.3Million per year
10 Years = AUD $23M
If future production is 100koz per year (double that). If deposit grow further it also improves. Production goes to 15 years. If they negotiate 1.5% royalty even better, etc
It gives the option for LCL management to even sell that in the future back to the company or other third party for example
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Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $5.974M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.5¢ | $42.50K | 6.984M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 7131128 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 86698 | 3 |
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| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| LCL (ASX) Chart |