I wouldn't worry about it going into production, LCL will be taken over before then, either by the Chinese or Anglogold. Checkout Ross Ashton's history, all his companies find great resources and then get gobbled up. Also, Dr Fu (LIZENG & Ausino) has deep links into Chinese mining. Zinjin bought Continental Gold last year for their Buritca mine 50kms north of where LCL is currently drilling. I'd suggest that's why Dr Fu has bought in early, he's a great geologist so understands the potential, but he's also a great businessman that can see the value and that Zijin have set a precedent in the area at US$100/oz.
- Forums
- ASX - By Stock
- LCL
- Value Proposition
Value Proposition, page-13
-
-
- There are more pages in this discussion • 126 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LCL (ASX) to my watchlist
|
|||||
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.719M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 457972 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 1358874 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 457972 | 0.008 |
7 | 6904488 | 0.007 |
10 | 5601116 | 0.006 |
10 | 4541080 | 0.005 |
5 | 5878763 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 1358874 | 6 |
0.010 | 2181762 | 4 |
0.011 | 349999 | 1 |
0.012 | 737500 | 2 |
0.013 | 83333 | 1 |
Last trade - 16.12pm 29/08/2024 (20 minute delay) ? |
Featured News
LCL (ASX) Chart |
Day chart unavailable