LCL 8.33% 1.1¢ lcl resources limited

I only have been invested just over a year. I agree, if you...

  1. 1,607 Posts.
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    I only have been invested just over a year. I agree, if you invested at an average of above 5 cents, you probably will not see that money again, especially with the dilution. Remember, this is a speculative mining company that doesn't ever generate cashflow, let alone profit. There are serious risks.

    This company was overvalued when it was at 40 cents, even though it has an impressive asset, there was no cashflow.

    If you think this company will succeed, then purchase as many shares as you want at 0.5 cents. If not, then sell or just hold tight.

    How do you British investors suggest the company raises money? Who would you hire instead of Howe? How do you know they will be better, especially since we will be paying them less money. How do you guys know if the talks are going well or not? Maybe give it another 3-6 months, then if no deal - then get the numbers for an EGM.
 
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Last
1.1¢
Change
-0.001(8.33%)
Mkt cap ! $10.50M
Open High Low Value Volume
1.1¢ 1.2¢ 1.1¢ $56.18K 5.082M

Buyers (Bids)

No. Vol. Price($)
2 1908255 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 1851296 5
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
1.1¢
  Change
-0.001 ( 8.33 %)
Open High Low Volume
1.1¢ 1.2¢ 1.1¢ 2127411
Last updated 15.59pm 28/03/2024 ?
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