I am struggling to understand how the market is valuing $LRV
It clearly has a proven deposit, 100's millions of dollars in infrastructure, all time high commodity prices.
Do they not believe LRV can get it out of the ground and process it?
When RVR were processing the gold they had 1.6g/t average. You add in the antimony and you suddenly are rolling in cash at 6g/teq.
What am I missing? Why is the market so cautions of this stock?
Ann: Notice of Annual General Meeting/Proxy Form, page-16
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Last
40.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $123.3M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 44.0¢ | 39.0¢ | $4.584M | 11.11M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 67328 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 38083 | 1 |
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| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| LRV (ASX) Chart |