They need to find something with the further drilling otherwise there will not be enough scale to drive the price higher. In the absense of finding that down faulted extension, given the dilution effect of further share issues to get the project funded, 330,000 oz resource is too small to attract wider interest.
Of interest though is that directors are seeking the right from shareholders at the general meeting announced today to participate in the 50 million share issue now on foot.
I wonder whether they got any clues as to the presence of the down faulted extension when they attempted to drill it about a year ago and their equipment "failed". Am I being too suspicious?
- Forums
- ASX - By Stock
- LAT
- what do you think about this one
what do you think about this one, page-3
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LAT (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.5¢ |
Change
-0.015(10.0%) |
Mkt cap ! $19.25M |
Open | High | Low | Value | Volume |
13.0¢ | 13.5¢ | 12.5¢ | $11.39K | 87.03K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 1255 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 0.135 |
1 | 34961 | 0.130 |
3 | 217500 | 0.125 |
1 | 50000 | 0.120 |
1 | 100000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 1255 | 1 |
0.150 | 28735 | 3 |
0.155 | 41748 | 1 |
0.160 | 93334 | 2 |
0.165 | 40931 | 2 |
Last trade - 15.44pm 11/07/2024 (20 minute delay) ? |
Featured News
LAT (ASX) Chart |