There might be a slight tremor in the SP. However as with other resources companies, it's tens of millions of dollars to get all permits, reports and construction of a mine to start on producing a means to pay down debts associated with mining, before anything is given back to shareholders.
My prediction is another 4 years before any income stream.
Ann: LU7 Launches Share Purchase Plan, page-12
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $8.314M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.4¢ | $2.344K | 159.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 677237 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 357331 | 3 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| LU7 (ASX) Chart |