Based on market cap at current exchange rates Sigma is a $5.68bn AUD market cap.
Im never very good at predicting share price movement but you would have to think that ‘the market’ is well aware our resource upgrade is very likely 3rd or 4th week of June and that PEA will follow ~2 months after. So the question is whether investors will try and get a piece now in anticipation or whether they’ll be stand off’ish and want to see tonnage+grade and then the economics in the PEA before deciding if we are a buy.
If the above is true then the next 3 months could (should?) be pivotal for LRS holders.
LRS General Discussion, page-10701
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $447.9M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.8¢ | 15.5¢ | $2.295M | 14.26M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 3177352 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 2203351 | 12 |
View Market Depth
| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| LRS (ASX) Chart |