Its another box that's been ticked that needed ticking to justify continued drilling.
It will likely be a lower cost processing set up (lower capex). Good to know.
We really could do with a few thicker intercepts in my view.
When this runs it will likely be hard.
It actually could well be Cloud 9 PFS that is the catalyst.
Current MC can't be taking into account a decent PFS plus the Li results so far. Plus the cash on hand making it low risk for the medium term (no CR dilution).
While I think ADN great White has the edge on Cloud 9, plus its further developed, off takes etc, you would still like to think Cloud 9 is $80-100m value.
That does not leave much for Brazil.
Could well be saying in 12 months time "wish I had bought more sub 15c.
Clearing the B wave 14.5c is our first target. Then 22.5c. There is one hell of a gap above 22.5c
GLTAH
- Forums
- ASX - By Stock
- LRS
- Ann: Colina Prospect - Positive Metallurgical Test Work Results
Ann: Colina Prospect - Positive Metallurgical Test Work Results, page-33
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add LRS (ASX) to my watchlist
(20min delay)
|
|||||
Last
20.5¢ |
Change
-0.010(4.65%) |
Mkt cap ! $574.2M |
Open | High | Low | Value | Volume |
21.5¢ | 21.5¢ | 20.5¢ | $2.300M | 10.91M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 524382 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 308712 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 524382 | 0.205 |
11 | 3813828 | 0.200 |
7 | 658850 | 0.195 |
10 | 2562070 | 0.190 |
6 | 1331030 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 308712 | 6 |
0.215 | 211101 | 6 |
0.220 | 2208481 | 12 |
0.225 | 1179030 | 5 |
0.230 | 2519712 | 17 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
LRS (ASX) Chart |