my guess is within 4 to 5 years time $2 is possible simply on the basis that by then I expect us to be in the middle of a uranium bull market - and $2 is only a 40 times increase from 5 cent level that LOT was recently at; 40 times increase should be achievable for a producer.
All guess work of course - but I believe is achievable based on what we witnessed in the previous uranium bull market
by the way spec mining stocks are not a buy and hold !!! you should always sell when you can make good coin from them - again just mho
Ann: Appendix 2A, page-42
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Last
21.5¢ |
Change
-0.010(4.44%) |
Mkt cap ! $393.8M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 21.5¢ | $1.255M | 5.625M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 233812 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 61390 | 3 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| LOT (ASX) Chart |