Perhaps the start of monetising their existing resources to fund further exploration will be the catalyst for a rerating? The market clearly does not like frequent capital raisings and the prospect of another would weigh on the share price. I have wondered why LEX has not previously pursued the processing route given the proximity of gold plants. I look forward to further developments in relation to this.
Ann: Lefroy Increases Gold Resources to 602,000oz, page-2
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Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $22.05M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $3.268K | 30.20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40000 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 12289 | 1 |
View Market Depth
| Last trade - 15.59pm 28/06/2024 (20 minute delay) ? |
| LEX (ASX) Chart |