Imo you are totally wrong and jumping way ahead of current reality.
You Cant find anything unless you have cash, which by the looks LNR have exhausted the cash by now as SamCharlotte said, so as exploration is extremely expensive and high risk, you need to crawl before you can walk
LNR is all about survival mode, and raising funds is paramount now, so why I guess Sam talks of shares consolidation.once that happens, and or another CR to try and get some cash in, they can start exploring, until then this is the sad reality of most cash depleted penny dreadful stocks.
SHARE CONSOLIDATION, page-6
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.330M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $10.00K | 3.254M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 9281342 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 22503540 | 26 |
View Market Depth
| Last trade - 12.25pm 02/10/2024 (20 minute delay) ? |
| LNR (ASX) Chart |