So you are assuming an economic resource on rock chip samples before a drill has hit the ground.
It's still exploration and still has all the risk that entails. I have said they have a better than usual chance of success but assuming a mineable resource is a long way off for me.
What's your timeframe for mining? 5 years, 10?
Ann: Heritage Survey Complete Ahead of Maiden Drill Program, page-76
Add LNR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $7.330M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $844 | 281.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 57 | 60756377 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10971793 | 7 |
View Market Depth
| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| LNR (ASX) Chart |