LRD lord resources limited

Ann: Horse Rocks Lithium Project Granted, page-106

  1. 3,167 Posts.
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    What's mind boggling is the exposure we can get with a relative low MC.

    With Horse rocks and the other 4 projects inline, what MC could we be looking at ?

    At just 110 Mill MC, we are looking at a Disallowed. That's a $3 SP


    IMO to get the SP to really pick up, the Coy should convert every 1 Share to 10 Shares. Giving more
    liquidity to be traded. It would also bring in a lot of new traders who like to go in for the Micro caps.
    Surprisingly, a large amount of traders disregard MC and will only look at shares trading at 2c to 5c, and will completely overlook the ones at 20c to 50 cents.

    The SP to go from 3c to 30c would be much quicker on news, than 30c to $3.

    The bags will come anyways, but would be easier and quicker at an SP of 3c, after a 1 to 10 conversion.

    Honestly, crazy me, I am looking at a minimum of $30 within a year or two. That's a $1.1 Billion MC.
    Looking at other Li companies, that's very possible.

    5 projects, In safe zone (Aus) and mining friendly environment. In the USA bubble of preference too.

    GLTAH
 
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