Ichbinderclause. Definitely not. I've been in mining stocks for 60 years and what's IN THE GROUND doesn't get "valued" until it's OUT OF THE GROUND with SIGNED contracts, then income, i.e. genuine eligibility to ASX200!!
Check out those 600 listed "miners" that have "got" trillions of dollars of minerals, oil, gas, uranium etc etc etc in the ground, and are all penny dreadful zombie companies and can't even raise cash. Most shouldn't even be listed on the ASX!!!
"POTENTIAL" is not "PRODUCTION". Basic mining understanding.
LKE towards TOP-5, page-10881
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Last
4.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $78.16M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.7¢ | 4.5¢ | $244.5K | 5.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 265083 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 1869097 | 24 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| LKE (ASX) Chart |