Thanks for your insight Kenny. Seems logical in that context.
Obviously the mine is highly prospective, so if this JV is able to progress it towards production OAR might be able to salvage some value. Do you have any idea how lucrative it may still be for them (and consequently the OAR valuation for LSX)?
Are they likely to face the same issue with Awak Mas?
The market has basically ascribe zero value to the OAR part of LSX portfolio - wondering how that might change if the do actually make some progress.
Status of OAR, page-7
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Last
48.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $67.75M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.0¢ | 48.0¢ | $14.79K | 30.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6999 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 71974 | 4 |
View Market Depth
| Last trade - 14.26pm 19/07/2024 (20 minute delay) ? |
| LSX (ASX) Chart |