LCL 11.1% 0.8¢ lcl resources limited

2 important points in the following para, one being no capital...

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    2 important points in the following para, one being no capital raising and the other about negotiations with a number of parties. Sounds good to me:

    ''The Company’s current cash reserves of approximately A$12.6 million together with the aforementioned expenditure reductions should be sufficient to enable the Company to fund its current activities well into 2015 without any capital raisings.
    However, the Company is continuing to progress negotiations with a number of parties with respect to securing funding for the development of its 100% owned Los Calatos and Mollacas projects.''
 
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