A few observations:
- Our share price has halved, so I don't think the upcoming MRE is "baked in". If anything, there is fear in the market and good news is not leading to green days.
- I partially agree on the effect of spot price. The company can't change that - but with the size of the resource, good grades and low costs of production, it positions us right near the top of quality emerging companies. When I compare LRS to another Brazil lithium play I have - GMN - I fully expect that LRS will shoot the lights out when spot prices improve, while GMN will rise but nowhere to the same degree because it is not in the same league as LRS.
A few observations:Our share price has halved, so I don't think...
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Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $658.8M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 24.0¢ | 22.5¢ | $1.817M | 7.743M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 404558 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 460997 | 12 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
24.0¢ |
Change
0.005 ( 4.39 %) |
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| Open | High | Low | Volume | ||
| 23.0¢ | 24.0¢ | 23.0¢ | 2838546 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| LRS (ASX) Chart |