re: miningnews the plot thickens Just listening to their Paydirt presentation from back in April.
This site was a JV that they now have 100% control of and in fact effectively did back then. Thus the announcement is not new information.
They have a lot of capital to raise and it looks to me like this announcement is oppportunistic - seeking to capitalise on the environment around AUM, drive the price up a bit to support further raisings.
Massive variance in that Mining News precise in respect of NPV compared to those in their announcement.
miningnews article, page-6
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LNR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.330M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $1.025K | 341.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 4748698 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 23140320 | 30 |
View Market Depth
| Last trade - 10.04am 01/11/2024 (20 minute delay) ? |
| LNR (ASX) Chart |