Options Expiry, page-5

Thanks CAB80,

I know someone who is holding 20% of the options
They have the funds to exercise if in the money.

They aren’t capping for obvious reasons.

From a share-price action point of view, LCL has outperformed its peers predominantly over the past 6-9months and gold producers.

IMO the market is waiting for results outside of the Tesorito South Zone of circa 250-300m3, or a maiden JORC Resource before any significant re-rate.

Also cyclically I think the rotation of money has migrated out of gold explorers for now. I suspect like Lithium, gold will consolidate its 2020 move and then when it runs again (POG) these good explorers with potentially great deposits like LCL will hang onto the coat tails of the producers and have their day.

I give LCL 12-18 months to breathe and then expect some serious 50c + share price moves.

IMO DYOR