LCL 0.00% 1.0¢ lcl resources limited

Huge upside!!Simple math. DFS shows that current Miraflores...

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  1. 1,375 Posts.
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    Huge upside!!

    Simple math.

    DFS shows that current Miraflores reserve, on it's own, achieves NPV of US$89.8M (at US$1,400/oz!!!). That's AU$125M. This already represents a 100% upside to our current market cap. Ridiculous!!!!!

    And that doesn't even take into account any future Miraflores resource expansions through infill drilling just started this month, nor does it include the potential for Tesorito or Chuscal to contribute tonnes!!!

    We now have three fulltime drills, 1 for each of the three deposits, aiming to unlock additional gold resources, to supply a centrally located plant at Miraflores.

    And all of this in a gold bull market that has only just begun.

    The market will wake up soon enough. LCL represents amazing value!!
 
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