Even with the slow increase in MC from $5M to around $15M, there has been almost zero potential value built in to the present SP.
Even with what's been announced to date and based on other specs i'm in, our MC should be closer to $25 or $30M and i believe that within a month or 2 we will be there.
The graphs may not agree but if drills, assays etc turn out 1/2 as good as what some people are predicting, we should be well towards $100M by the time the ops are due in 27 months time. I'm full up on LRS expecting a race to the top between LRS and my 2 silver stocks.
LRS chart, page-442
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Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $503.8M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 17.5¢ | $2.412M | 13.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 1625366 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 239275 | 6 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| LRS (ASX) Chart |