LCL 6.25% 0.9¢ lcl resources limited

Ann: Third hole at Chuscal intersects vein grading 31.8 g/t gold, page-46

  1. 115 Posts.
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    The market is now pricing in a capital raise. Given the share price badly undervalues the company they should do a rights issue so existing shareholders can avoid dilution.

    A rights issue/placing is only dilutive if you don’t participate!
 
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