LCL 11.1% 1.0¢ lcl resources limited

Valuation, page-171

  1. 3,906 Posts.
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    Had to buy a few more here. Obviously they still need to raise capital, and my stake at this point is slightly risky, i.e-they cant raise the funds....

    Problem is that some fund could want a private placement as we already have the J.V. and mkt cap ridiculously low.

    Got to get another little parcel now. Hopefully I will double down at higher prices.
 
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