I don’t own LLL but have been looking into it to try and understand it’s current market cap.
Am I right in saying 40% ownership so therefore (very simplistic
I know) - LLL essentially has a 56.9MT MRE for the current $784m mkt cap with production due mid next year?
to me this seems a bit cheap compared to some other peers like CXO with a much smaller MRE.
Whats the reason for the discount on the market cap?
Operating in Africa?
Lack of full ownership?
Doubts about making production dates?
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Last
33.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $608.4M | |||
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