I noted on Wednesday that we needed to temper expectations for the SP performance on release.
How much was already priced in?
Maiden JORC was a decent base off which to build.
Unfortunately not the best day for a release, but you have to play with the cards you are dealt.
They should try and back up this over the next few days with some of the outstanding holes and a bit of a Colina West update.
The Lithium trade is very crowded at the moment, so a fair bit of choice to deploy spare coin. The current retrace creating some opportunities.
CG will need to earn his JORC shares.
Support at 11.5c
GLTAH
Ann: Maiden JORC Mineral Resource - Colina Lithium Deposit, page-155
Add LRS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.0¢ |
Change
-0.010(5.00%) |
Mkt cap ! $532.2M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.0¢ | $2.403M | 12.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 426200 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 953934 | 9 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| LRS (ASX) Chart |