LCL 12.5% 0.9¢ lcl resources limited

What am I missing?, page-7

  1. 1,706 Posts.
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    With that username you already bring distrust and doubt into this awful thread...ahaha

    But welcome to the team...at least you look like you have two brain cells which is a lot more than most LCL shareholders...ahhaaa

    and can make some contributions

    Shareholders are angry and I don't blame them alone...management made a number of bad decisions when switching from Colombia to PNG... then the chasing projects while the market clearly don't care unless you are making a profit.... plus sentiment changed and "bad luck of nickel price crashing" leaving the company with 2 lemons for the moment.

    Yes. Comes 2026 we could see a massive rerate with the Colombian assets...the question is really how to get there?

    LCL could offer a good exposure to another undervalued exploration company... they still have some cash to spend on drilling... most management paid in shares.... so they can survive until the tide turns.

    Something is going to happen because trading action is there to hold shareprice at around 1c. Let's see.


 
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Last
0.9¢
Change
0.001(12.5%)
Mkt cap ! $8.683M
Open High Low Value Volume
0.8¢ 0.9¢ 0.8¢ $2.08K 260.0K

Buyers (Bids)

No. Vol. Price($)
9 4086651 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 462599 4
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Last trade - 15.45pm 19/07/2024 (20 minute delay) ?
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