There is not really any downside risk at all.
Once the first 50,000 metres drilling results go through, they will surely find something very very large, expanding the known resources in a big way.
Then, a second 50,000 metres drilling will continue to increase the sp.
The estimates are 5 to 10 multiples. We are still well below the the base zero value level. The base estimate for this stock is 50c. That is sea level. The mountains are yet to come.
Newminer.
cinderella story?, page-4
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LCL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.002(20.0%) |
Mkt cap ! $11.57M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $49.59K | 4.384M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1086216 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 351952 | 2 |
View Market Depth
| Last trade - 15.56pm 12/09/2024 (20 minute delay) ? |
| LCL (ASX) Chart |