LCL 11.1% 0.8¢ lcl resources limited

LOL, I do really hope you have a sticky hands and good luck with...

  1. 43 Posts.
    lightbulb Created with Sketch. 24
    LOL, I do really hope you have a sticky hands and good luck with your 90k. The gold price is going to be monotonous for a while -- any bullish factor for gold is not going to cause any explosive movement in gold price, US has done a very good job in suppressing the gold price.

    Perhaps that's why the management team raised the capital before the expiry of options -- they are ensuring they have sustainable fund for the coming years and preparing for the worst case scenario in gold price. So, for me, it looks like a very long hold from now on.

    Now they have strengthened the balance sheet through securing at least 20millions, and I am keen that the exceptional result from hole 27 will get more funds from the options.
    Last edited by Tjm1396: 05/08/21
 
watchlist Created with Sketch. Add LCL (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
-0.001(11.1%)
Mkt cap ! $7.719M
Open High Low Value Volume
0.8¢ 0.8¢ 0.8¢ $21.29K 2.662M

Buyers (Bids)

No. Vol. Price($)
7 2525862 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 508318 3
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
LCL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.