Thank you for your help NightStalker and from80. Still in the dark, but in the long run this company will move big time. The new focus on Ballarat will I think yield big time and management are very confident. The market doesn't yet understand how rich the Victorian mining belt is because drill core samples are not a true indicator of what's there. LGL focus on that is a big plus. In that area, the yields can be huge and the extraction costs under $200 ton. However I would like to see LGL paying dividends as happened with EQI. It's about time they started !
I owned both EQI and LGL, and the loss picture is now horrendous, but often a huge rise is preceded by a horrendous dip. All bullish sentiment must be extinguished.
Once the down move in gold is extinguished, and it will soon, the move in companies like this will be awsome. LGL occupies too big a percentage of my portfolio for me to buy more, but otherwise I would be.
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Last
$1.80 |
Change
0.000(0.00%) |
Mkt cap ! $219.1M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5714 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 12500 | 1 |
View Market Depth
| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| LGL (ASX) Chart |
Day chart unavailable