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?
I am struggling to understand how the market is valuing $LRVIt...
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.60M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6250 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 152500 | 1 |
View Market Depth
| Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
| LRV (ASX) Chart |
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