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That's exactly it. On AIM another share KLG is holding just shy...

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potluk

64 Posts.

23/10/14

18:09

Post #: 14172204
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Originally posted by Union Jack ↑

Agree fully with all the comments posted here. I get frustrated reading quarterly updates that, except for a few tweaks here and there, sound exactly like the last. Even when there has been progress its impact is stifled by unspecific and deadpan / matter of fact use of english - that's hardly going to excite potential investors, is it? The company needs to whip up interest and actively encourage them to invest in and hold onto the stock, not just play the dips. When all is said and done, LC is world class and a potential 'company maker' but unless you're already invested here, you probably wouldn't know it.

Don't know who writes updates but they must make them more upbeat (maybe use the new advisor for this?) and perhaps support them with more BRR Media releases, articles in Minesite etc. Doubt the MNC Board, read this Forum, but if they do: 'More marketing please!!!'

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That's exactly it. On AIM another share KLG is holding just shy of 2p for an inferred 300Kt in Indonesia. We are 0.75p. We have ten times that resource, also 10 times the shares in issue. So being really generous a map of 1:1 can be applied to the share price. Factoring locations, inferred/measured, pea, etc. that should be 2-3 times. One major factor is marketing.

MNC Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $6.754M

Open	High	Low	Value	Volume
0.7¢	0.7¢	0.7¢	$5.544K	792K

Buyers (Bids)

No.	Vol.	Price($)
11	5093850	0.6¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	642122	2

View Market Depth

No.	Vol.	Price($)
11	5093850	0.006
9	5028080	0.005
4	3378763	0.004
1	600000	0.003
2	1400000	0.002

Price($)	Vol.	No.
0.007	642122	2
0.008	3618376	6
0.009	1720512	7
0.010	7957973	11
0.011	849999	2

Last trade - 10.04am 31/07/2024 (20 minute delay)

LCL (ASX) Chart