LCL 0.00% 0.9¢ lcl resources limited

I wouldn’t give up on MNC just yet. It’s pretty obvious the...

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    I wouldn’t give up on MNC just yet. It’s pretty obvious the company had to get the bonus and management options issues out of the way first before announcing any major news (otherwise this would have interfered with the prospectus etc).

    Drill hole 3 and 4 results are now imminent and I remain of the view that at least one or both are likely to be better than 1 and 2 for reasons I have already discussed on this board.

    The sale of Chile assets is also now due.

    There also appears to be an acquisition in the works.
 
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