LNR will need $7m to do drilling in this new lease and that would be possibly a year away as they do magnetic surveys etc to find targets to drill
So given LNR gave raised peanuts even though huge amounts of shares are to be issued, the main issue of that being the super low CR price at 0.003.
So ok personally I am expecting this to drift lower on anticipation of ,and as such this is the future I see in the short term.
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 (20min delay)
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Last
0.1¢ |
Change
-0.001(50.0%) |
Mkt cap ! $3.734M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.2¢ | 0.1¢ | $14.41K | 11.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 30136415 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 32321242 | 33 |
| Last trade - 16.10pm 05/08/2025 (20 minute delay) ? |
| LNR (ASX) Chart |
Day chart unavailable