Just to give perspective with the casino analogy, LNR and its former company FNT have over about 20 years had a few very close misses to taking the jackpot. I recall the large copper /gold find of Kodu was a close call, and to be honest the biggest probably was Mt Andewa. During LNR's time, the closest has been the Gascoyne REE and I guess there always was the possibility that something big and new cropped up at Tolukuma.
The present situation is that the punters funds are unfortunately depleted, but this new Lithium number is as good as any before. The alternative is that the casino folds or just goes into care and maintenance.
Just to give perspective with the casino analogy, LNR and its...
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Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $9.775M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $194.8K | 34.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 18360240 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 12542718 | 11 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
0.5¢ |
Change
-0.001 ( 16.7 %) |
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| Open | High | Low | Volume | ||
| 0.6¢ | 0.6¢ | 0.5¢ | 18685607 | ||
| Last updated 15.31pm 03/05/2024 ? | |||||
| LNR (ASX) Chart |