As I said in an earlier post today, a scrip offer from MIN would be more likely than a cash outlay.
The point that makes LTR more attractive than a paper calculation on the current resource of 156Mt at 1.4% is that they scaled back drilling a year or two back to focus on production ramp up. Chances are that there is quite a bit more resources left in the LTR ground.
ASX Today, page-32167
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Last
79.0¢ |
Change
-0.045(5.39%) |
Mkt cap ! $1.915B | |||
| Open | High | Low | Value | Volume |
| 83.0¢ | 83.0¢ | 78.5¢ | $12.14M | 15.14M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 66493 | 79.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.5¢ | 86000 | 4 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| LTR (ASX) Chart |