The brokers evening event is also at the Stamford.
The news today re Zahena drill results was disappointing but almost certain to occur given the previous results and allows the AGM to occur without needing to have a focus on this JV.
In my opinion the First Quantum news is key.
If they proceed with First Q , given the amount of work they have done over almost 12 months on site , just to prepare to spend money drilling we are on a winner.
The delay and not knowing is what the market is reacting to and has created a great buying under the oversubscribed placement price of 1 cent.
If however FQ do not proceed we may struggle to break over 2 cents and Lithium becomes a far more important part of the LRS story .
Share price tanking?, page-36
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Last
15.5¢ |
Change
-0.005(3.13%) |
Mkt cap ! $433.9M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.3¢ | $1.819M | 11.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1362632 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 40000 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| LRS (ASX) Chart |