Well done Towie, I reckon you'll still have more chances at least until the ML is granted. Now, I'm the last person to apply logic to anything relating to LNY, but, for the glass half full people still involved, "the market" has "valued" LNY at between $12 mil and now $18 mil for a company in debt, no income and not even a mining licence. So, "logic" would tell us that "the market" has NOT included the gold in the ground or the ML in its "valuation" (market cap). So, if there was any logic with the market and this company, how will it be valued when they do get the ML and have $22 million in the bank from that 100,000 tonne deal and running? The bank account then, alone, is worth an additional .006 on its own!!
Will we see logic finally be involved with LNY?? I hope we find out about the ML before the printers.
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Open | High | Low | Value | Volume |
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2 | 125999 | 0.013 |
2 | 400000 | 0.012 |
3 | 900000 | 0.011 |
3 | 873372 | 0.010 |
2 | 350000 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 27280 | 1 |
0.016 | 38077 | 1 |
0.019 | 45001 | 1 |
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