DRE market cap 300mill+. LNR MC 50million. both have intrusives to drill, but neither drilled out. if any of these intrusives come off mining the ironstone dykes (DRE's yin) goes decades down the priority list. from my reading of announcements from both companies, LNRs undrilled intrusives are larger than DRE's. of course i have been happy that LNR have been able to piggy back of the relentless pumping from DRE but at current market caps and consideration of potential i cant understand an investment in DRE over LNR other than as a hedge/spreading of risk.
Ann: Heritage Survey Complete Ahead of Maiden Drill Program, page-174
-
- There are more pages in this discussion • 171 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 LNR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.774M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $6.871K | 2.081M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 6876319 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 35508560 | 27 |
View Market Depth
| Last trade - 15.32pm 08/08/2024 (20 minute delay) ? |
| LNR (ASX) Chart |