Nice green day so far fingers crossed - good value at $350M MC. Sigma $1B (after large fall like almost all producers but one of the lower cost operations around). Low cost producers like Sigma and LRS will have the highest Enterprise Value (EV) moving forward.
Still think (only IMO) that we are comparable with Sigma (as per the dawg) but market sentiment is a bloodbath - which will turn though. LRS should push back to 3x13c circa 40c (circa $1B MC) by the end of year after the major announcements (??) High cost producers shutting shop/reducing output will take 6 months to flow through causing a pinch in supply again next year. Either way through 2025/2026 I am still comfortable with my investment in LRS (for transparency I sold 1M at 41c then 200k at 23c and 100k at 17c for paying some bills![]()
Good luck all genuine long term holders - 2026 will be a good year I reckon (not far away). IMO DYOR
LRS General Discussion, page-18613
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Last
18.0¢ |
Change
0.020(12.5%) |
Mkt cap ! $503.8M |
Open | High | Low | Value | Volume |
16.5¢ | 18.8¢ | 16.5¢ | $8.486M | 48.07M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 215700 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 1869389 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 215700 | 0.175 |
6 | 630000 | 0.170 |
7 | 1125150 | 0.165 |
8 | 1918920 | 0.160 |
10 | 651683 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 1869389 | 8 |
0.190 | 3997046 | 22 |
0.195 | 3325980 | 9 |
0.200 | 2906221 | 23 |
0.205 | 1881708 | 11 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
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