I think its a good move BenjaminBond. I might post a chart later but this looks like a classic cup n handle to me and we should go up from here imo.
Lots to like. Drill results pending on gold, could have an entirely new value proposition on the gold in six months or less, a whole heap of cash to pay for it and absolutely no need for capital raise, I think from memory 50-60 mill in the bank.
Ive parked a good bit of my coin here for this reason alone. When other pennies are on a dying debbie downtrend and find themselves needing to raise cash instos will pillage hard imo.
On top of all this dig ready Rear earths project with all the studies, drilling met,etc etc paid for. Huge upside in that, zero factored into share price.
All the while players fight to control LYC a distressed asset currently worth a couple of billion (debt added).
Common drill results
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- Ann: Significant Au Intercepts Confirm Potential Tomingley ext.
Ann: Significant Au Intercepts Confirm Potential Tomingley ext., page-47
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Last
52.5¢ |
Change
-0.025(4.55%) |
Mkt cap ! $316.8M |
Open | High | Low | Value | Volume |
53.0¢ | 53.5¢ | 52.5¢ | $388.9K | 735.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 144343 | 52.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
53.5¢ | 94773 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 124653 | 0.525 |
10 | 63912 | 0.520 |
2 | 13182 | 0.515 |
3 | 13433 | 0.510 |
5 | 44000 | 0.505 |
Price($) | Vol. | No. |
---|---|---|
0.535 | 94773 | 3 |
0.540 | 31813 | 4 |
0.550 | 21963 | 2 |
0.560 | 4458 | 1 |
0.565 | 125539 | 4 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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