The market will start to realise that our MC is roughly a tiny $20M- but we are sitting in a REE rich area.
If we confirm further results in the ball park of DRE next door then a re-rate to just half of their MC would see our SP circa 9c. If the market were to see is on a similar trajectory then you are looking at circa 15-18c. Less SOI should also see faster upward movements in the SP is the goods are in the ground in decent quantities.
LNR GENERAL DISCUSSION, page-162
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Mkt cap ! $7.330M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 10611342 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 22233214 | 26 |
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