Starting to see some buying as the CR hoodoo has been lifted with the "fully funded until profit-share" agreement with BML is in place albeit at a 8%
coupon...
Lucky Strike Stage 1
If they can get the 250,000 tonne milling allocation through 2026 then at a head grade of 1.95g/t (probably be better if they are selectivity)
Thats 17,185oz and at A$5,000 is A$86m in revenue.
90,000 tonnes slot in February locked at the Greenfields Mill
Would be nice if we could get some visibility on the terms of the agreement...
If its the same terms as they did with AWJ for Jeffreys Find:
- Jeffreys to Three hills is maybe 110km away
- Gold was $4,000 and its now over $5,000
- Lucky strike to Three hills is maybe 80km away
- No idea about comparable ease to extract and associated costs
I make out its could be worth around $15m net to LEX for stage 1
With these funds coming in:
- drill out Lucky Strike stage 2 more oz to mill like AWJ
- expanding the 440,[email protected]/t at Mt Martin
- same with the 160,[email protected]/t at Burns Central
Hopefully we will get an AWJ like run which they enjoyed soon
- Forums
- ASX - By Stock
- Ann: Lefroy Secures Funds with BML Profit Cash Advance Agreement
LEX
lefroy exploration limited
Add to My Watchlist
0.00%
!
13.5¢

Starting to see some buying as the CR hoodoo has been lifted...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $33.53M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.5¢ | $1.607K | 11.90K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 72446 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 100952 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 72446 | 0.135 |
2 | 79481 | 0.130 |
5 | 264426 | 0.125 |
4 | 266488 | 0.120 |
1 | 4500 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 100952 | 6 |
0.150 | 123582 | 3 |
0.170 | 31838 | 2 |
0.180 | 90672 | 2 |
0.220 | 8000 | 1 |
Last trade - 10.06am 01/08/2025 (20 minute delay) ? |
Featured News
LEX (ASX) Chart |