A quote I found important in the article was the following (my underline):
"Some shareholders wanted all the money to be spent on the kimberlite exploration but that is playing a dangerous game if you miss the pipe," Weatherall said. "Developing the alluvials operation has allowed us to become a self funded explorer. It is the cheapest form of kimberlite exploration you can do. Two thirds of the costs would still have been there now the alluvial operations are covering all costs on site".
Gotta be a good thing in the resource / mining gig hey?...like to trust they won't be tapping Inv on the shoulder near term to put hands in pockets would they?
Anyway, just a thought....leave u all to it
Paydirt Dec 15 - Jan 16 LOM Article, page-15
-
-
- There are more pages in this discussion • 14 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 LOM (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.0¢ |
Change
0.004(11.1%) |
Mkt cap ! $11.60M |
Open | High | Low | Value | Volume |
3.6¢ | 4.0¢ | 3.6¢ | $2.679K | 67.19K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 250000 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 56526 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 320546 | 0.035 |
1 | 85000 | 0.034 |
1 | 210000 | 0.033 |
1 | 10000 | 0.032 |
1 | 50000 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 56526 | 1 |
0.046 | 150000 | 1 |
0.053 | 100000 | 1 |
0.055 | 30000 | 1 |
0.062 | 120000 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
LOM (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online