SXG targeting almost 2.5 times size of LRV's resource and much higher grades too. Size matters and big players tend to lean towards the larger prospects in the mining game, whether or not it takes longer to production.
It's another story if their maiden exploration hits this target, but their presentation today went amazingly and looked like it instilled confidence.
Although SXG might be the closest to compare to to an extent, as there's not much out there, it would be silly to compare them 1 to 1 and at face value.
$1 party, page-159
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Last
35.0¢ |
Change
-0.020(5.41%) |
Mkt cap ! $111.5M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 37.5¢ | 34.0¢ | $667.7K | 1.868M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 84468 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 43216 | 5 |
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| Last trade - 12.49pm 04/10/2024 (20 minute delay) ? |
| LRV (ASX) Chart |