I think it is in J Resources interest for the unification of the 2 resources to go ahead, it is a win-win for all.
My guess is that J Resources is holding out for more than a 40% ownership share. It may be a case of who blinks first.
The drilling of the area between the two resources started about 9 months ago, and I don't think we have heard any results, which has me puzzled.
If you believe the Gold Bull run still has a few years to run, the delay now may be working in our favour.
Mkt Price to NTA, page-8
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LSX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
49.0¢ |
Change
0.005(1.03%) |
Mkt cap ! $69.16M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 49.0¢ | $1.501K | 3.064K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 34833 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 211422 | 5 |
View Market Depth
| Last trade - 11.33am 23/09/2024 (20 minute delay) ? |
| LSX (ASX) Chart |