LCL 0.00% 0.7¢ lcl resources limited

Yes they are my comments, sorry should have said in the short...

  1. 64 Posts.
    Yes they are my comments, sorry should have said in the short term. BOD say they are in discussions with a suitor, so will have to see how it pans out. If they fail then next option must be a takeover. Data room lock must have expired for some now?
    Personally why would anyone want to pay for the mine, then have to give some to MNC, whereas for a year or two profit buy the whole asset and get 100%. I therefore believe that if anyone is going to go for the JV, it will be form of an investment company, rather than a large miner like FQM, Rio etc.
 
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