Hi All,
Relatively new to this stock and do like the prospect of the Noombenberry project. Reading the information and looking back on the timelines, I gather that LRS's business model is to locate and JORC up a project, bring on a JV to take it through to production. Looking at the cashflow, and comparing it with the company history none of the JV's have matured to this stage. Forgive my ignorance, but would love to know the short version of just how close we are to production on any projects.
Cheers,
GS
Ann: Quarterly Activities Report & Appendix 5B, page-34
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Last
17.8¢ |
Change
0.003(1.43%) |
Mkt cap ! $489.8M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.8¢ | 17.3¢ | $169.3K | 968.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 466914 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 774481 | 25 |
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| Last trade - 10.18am 26/06/2024 (20 minute delay) ? |
| LRS (ASX) Chart |