Its a distraction to the other projects, how could LGM afford to progress the holding with the drilling cobar type deposits require (deep and expensive vs comparatively shallow and cheap epithermal drilling)?
I cant say id like to dilute my holding to advance cobar. Farmout or cash+nsr offload provides exposure without capital being tied up or put at risk.
Im always wearing of small caps targeting expensive to delineate and mine deposit types (Cobar type, porphyry, IOCG). More than happy for Magmatic to prove me wrong on this
Its a distraction to the other projects, how could LGM afford to...
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Last
18.5¢ |
Change
0.010(5.71%) |
Mkt cap ! $19.50M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.5¢ | 17.5¢ | $38.42K | 212.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40000 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 6629 | 2 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
18.5¢ |
Change
0.010 ( 5.71 %) |
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| Open | High | Low | Volume | ||
| 18.0¢ | 18.5¢ | 18.0¢ | 54014 | ||
| Last updated 15.39pm 17/05/2024 ? | |||||
| LGM (ASX) Chart |