One example, and there are others, CXO was circa $1B MC about 12 months ago (and won't produce until at least H1 2023).
The Li price graph has kept moving north since then.
But the answer is a pineapple.... who really knows where it's going from here??? Resource confirmation (JORC). Off takes. Approvals. Feasibility studies. Finance. Macro factors. Etc etc etc.....
LRS General Discussion, page-7509
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Last
19.5¢ |
Change
-0.010(4.88%) |
Mkt cap ! $546.2M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 19.0¢ | $5.066M | 25.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1047191 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 198231 | 1 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| LRS (ASX) Chart |