LRD 6.67% 3.2¢ lord resources limited

Been watching this of late. On the cusp of showing one way or...

  1. 1,439 Posts.
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    Been watching this of late. On the cusp of showing one way or another if there's some lithium present or not.

    My only concern here is the lack of supporting projects value adding to the company.

    They spoke glowingly of the Jamara project which ended up being a bust and has seemingly been put on ice.

    No recent work done at Viper or Cambridge projects.

    **yon is the only other potential project of interest in the short term and we're some time away from drilling and any potential results. They don't even have permits to drill I believe

    The entire value of the company seems pinned to this lithium exploration. Massive upside but equally...if results from sampling are poor this could drop substantially.

    I presume there's some high risk players hoping for a hit!

    Certainly worth keeping an eye on this.
 
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