I am an IT specialist but I learned this from reading resources on the web over the decades.
to make serious money from mining stocks learning to read and understand drilling results is key (much more than this mechanics of mining)
in the scheme of things this announce is a fluff piece ie it matter little at this stage if first sale is 6 months away or 12 months.
what is important is LOM, Annual Production, AISC and OT formula plus the movement in SPOT price
Don’t get me wrong this is nice news but at the stage LTR is at it’s not a fundamental to SP
Ann: March 2023 Quarterly Activities & Cashflow Report, page-25
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Last
71.5¢ |
Change
0.025(3.62%) |
Mkt cap ! $1.733B | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 74.0¢ | 70.0¢ | $14.76M | 20.64M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 54130 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.5¢ | 216043 | 9 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| LTR (ASX) Chart |