I ended up buying some yesterday , to me the company has demonstrated the logistics it will use of bringing concentrate from North America to LL.
Todays announcement of recovery rates seem reasonable compared with the exuberant predictions of the past but the current recoveries still show the current operation is worth in NPV about 3 times its current market cap (not taking into account the loan) and there is blue sky with Polaris .
I would not bet the farm on it but it is worth holding as a small part of my portfolio for gold exposure.
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.89M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $72.64K | 14.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 57650287 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 260804 | 2 |
View Market Depth
| Last trade - 16.14pm 04/07/2025 (20 minute delay) ? |
| AAU (ASX) Chart |