NFA but this is mine:
Sell enough to free carry what you outlaid for LRS then reinvest to build a bigger nest egg, Sell a further amount when they reach 50-60c reinvest and finally sell the rest when in production $1.50 - $2.
I'm retired so my circumstances vary from yours you may decide to keep them for a dividend.
T/O is different you can sell until a TH price usually heads North because investors don't want to miss out on the offer, the board will call a meeting with the offer and we vote on it. If 51% vote Yes the company is taken over and dissolved and we get sent our portion of the holding.
This can also depend on what's up for grabs, LRS could do a deal for just Salinas and keep the other tenements who knows!!
Ann: 241% Increase for the Colina Mineral Resource, page-227
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Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $630.3M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.5¢ | 21.8¢ | $3.540M | 15.66M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 644298 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 500588 | 2 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| LRS (ASX) Chart |