There's always an opportunity for producers to capture more value along the chain, or theoretically in an area with multiple good projects they could work together to share the capex for processing (because capex will be big) and lessen the burden of debt/equity eating into shareholder profits. Some of the knowledgeable mining/chemical engineers on here may perhaps be able to comment on the reality of this potentially eventuating down the line with LRS and other nearby lithium mines (ie: how viable it is in this particular situation). If it is, then it would offer tremendous potential for growth.
On the subject of finance I agree, it's one thing to raise capital when banks are handing it out left right and center, to be able to manage it when the sharks smell blood in the water is another story. Shareholders want to preserve as much value as possible obviously and this can sometimes be hard with juniors. It's not entirely a bad thing though, without that environment the good projects won't have as much of a multiplier.
- Forums
- ASX - By Stock
- LRS
- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-83
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LRS (ASX) to my watchlist
|
|||||
Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $531.8M |
Open | High | Low | Value | Volume |
18.5¢ | 19.5¢ | 18.0¢ | $20.64M | 109.5M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1620717 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.5¢ | 11183510 | 74 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1598495 | 0.190 |
27 | 3595706 | 0.185 |
32 | 5613329 | 0.180 |
33 | 6081103 | 0.175 |
26 | 1884420 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 11128694 | 73 |
0.200 | 4947522 | 67 |
0.205 | 582458 | 7 |
0.210 | 1069881 | 18 |
0.215 | 584003 | 6 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
LRS (ASX) Chart |