Not entirely sure why anyone would say this is a 'fluff announcement'. It's absolutely true that it's meaningless without finance, and not the announcement we're all waiting for... but the company still has to release the results of it's drilling, and it's 100% reasonable that it would be marked 'price sensitive' as to state the bleeding obvious, volume of input ore determines output chemical/product and hence revenue and hence affects NPV (albeit in a minor fashion as it's confirming input for the back end of the time horizon.)
The market obviously doesn't care because there's much bigger fish to fry being finance right now, and rightly so, but this announcement just says that the wheels are still turning and the vertical supply chain is just a little bit more secure.
Keep calm and carry on chums.
- Forums
- ASX - By Stock
- Ann: Helikon 4 maiden Ore Reserve extends Phase 1 life
Not entirely sure why anyone would say this is a 'fluff...
-
- There are more pages in this discussion • 11 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 LPD (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.001(100%) |
Mkt cap ! $17.17M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.1¢ | $19.79K | 9.903M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
130 | 294843837 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 7020970 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
130 | 294843837 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 2020970 | 7 |
0.003 | 54817058 | 57 |
0.004 | 30976148 | 39 |
0.005 | 13744190 | 11 |
0.006 | 6534226 | 11 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
Featured News
LPD (ASX) Chart |