LCL 10.0% 0.9¢ lcl resources limited

We have been faithful holders for seven plus years. Bought...

  1. 7 Posts.
    We have been faithful holders for seven plus years. Bought around US$ 0.40
    Have averaged down significantly and are ready to average down some more.
    We are going to be in to the bitter end, as a matter of pride (stupidity my wife says !)
    We should have never gotten into it, but it is too late now, and the numbers of $$$$ invested is way too significant to just let it go.

    The question is, for those that are evidently more knowledgeable than us, what has been the dilution in the last seven years ?

    That is, how many more shares should we have now, for it to be the same equivalent ?

    We have calculated something like 65:1, would that be correct ?
    Would this be the right way of calculating it ?
    What impact does the Gold acquisition have on the equation ?

    We are not being fetitious, it is just that we do not really know and think that some of you do know and also that it might help others too ??
 
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