LCL 12.5% 0.9¢ lcl resources limited

Point 1Rio Tinto - UnlikleyBHP - Possible. as already invested...

  1. 749 Posts.
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    Point 1

    Rio Tinto - Unlikley
    BHP - Possible. as already invested Sol Gold so not afraid of South America
    Newcrest - Possible Also invested in Sol Gold
    Barrick Gold - Unlikely but never say no
    Newmont - Unlikely
    FMG - Unlikely unless a massive Porphyry with Cu in large spades to get them interested. Already In South America
    Aginco Eagle - Unlikely but have a JV in Columbia already and may want a easy entry if they believe in the region
    Yamana Gold - Like South American operations.
    FRANCO-NEVADA CORP. - Already operate in South America and like Gold
    B2Gold - Also in Columbia Possible

    The likes of Anglo sometimes like to take projects on and derisk by having another company also involved and are not afraid to work with their competitors. They do this alot in Chilean Copper Mines already. eg Gramalote JV Project – ColombiaThe Gramalote Project is located approximately 230 km northwest of the Colombian capital of Bogota and approximately 120 km northeast of Medellin, the regional capital of the Department of Antioquia.B2Gold has a 50% interest in the Gramalote Project (Anglo Gold Ashanti -50%), and on January 1, 2020 became the operator of the Project. Maybe a B2Gold take out LCL and then they continue this relationship with Anglo Gold????
 
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