I'm a lot more conservative in my short/medium-term price target (still optimistic/bullish/holding etc).
JORC will take us to ~8-12c.
Completing DFS will take us to ~20-25c.
A sizeable binding offtake for noombenberry would take us to ~25-35c
Lithium +5c since I think the idea of the project is somewhat priced in
Similar for gold (+3c)
And yes I've factored in the dilution factor from options, and if ADN is anything to go by being a multi-asset, multi-national resource company will be a far, far more robust investment if there are any cyclic disruptions from the global geopolitical landscape.
And generally as a value investor as opposed to day/momentum trading, I don't like seeing insane share price whiplash every other month even if at the back of my mind I know the trend is up as LRS is delivering its project milestones and owns great resources.
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Last
17.0¢ |
Change
-0.010(5.56%) |
Mkt cap ! $475.9M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 16.5¢ | $1.608M | 9.399M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 2799708 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 1167069 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 110436 | 0.180 |
4 | 118798 | 0.175 |
15 | 463187 | 0.170 |
28 | 2330781 | 0.165 |
30 | 2001398 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 83746 | 1 |
0.150 | 153696 | 11 |
0.160 | 346852 | 8 |
0.165 | 65167 | 6 |
0.170 | 786499 | 9 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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