LCL 5.56% 0.9¢ lcl resources limited

Rights Issue, page-31

  1. 64 Posts.
    And that's it. It is as if the directors cannot get enough shares. There has to be an end game about to present itself. I have always believed that the likelihood is a takeover as a JV requires a third party to fund the mine only to get % of the profit. Rather than shell out a bit more up front for 100% of the profit.
 
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