$20 Million for a 2.6Moz plus huge tenements in two regions is not much. Given company spent $100Moz to get it to where it is
The deposit is going to be worth a lot more once Colombian goverment changes.
However, the tough situation explorers face and given LCL has to focus either in PNG or Colombia, I believe $20M in cash would make sense at the moment.
Whoever buy it can make 5x that once they can bring that into the TSX.
$20 Million for a 2.6Moz plus huge tenements in two regions is...
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.168M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28310 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 28456 | 1 |
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| Last trade - 09.40am 24/06/2025 (20 minute delay) ? |
| LCL (ASX) Chart |
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