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0.1¢ lodestar minerals limited

Ann: Lodestar Commences Drilling at Earaheedy Base Metals Project, page-29

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borisboy

6,747 Posts.

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30/06/23

10:00

Post #: 68548099
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Originally posted by Ausbert ↑

Based on my understanding, the share price of LSR should be at least 1.5 cents (with a market capitalization of $25 million) considering the KH lithium results that have already been announced. If the pending results are also positive, it is highly likely that LSR's share of the KH lithium find would be worth more than $100 million, which translates to approximately 6 cents per share. However, for some unknown reason, the market has completely overlooked the fact that LSR holds one fifth of the KH lithium find.Meanwhile, LSR's management has finally obtained the heritage clearance for Earaheedy, and the long-awaited drilling has already commenced. The upcoming weeks will be crucial. The overall market sentiment is gradually shifting towards a positive outlook. Hopefully, the long-suffering LSR shareholders will have very good news from 100% own Earaheedy to celebrate in the beginning of the new financial year.

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That is how I see it

And the time to buy straw hats is winter

This stock is worth more than half a cent

LSR Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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