I agree that they need to drill deeper. Unfortunately there are other factors scaring away investors. Some brokers are questioning the Company financial position. This from Simply Wall Street.
While some of these are typical of exploration companies and penny stocks, the financial side is fragile.
Ann: Tenement Application Adjacent to Significant Drill Results, page-59
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.774M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $20.80K | 5.731M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 57 | 74012014 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 5580822 | 6 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| LNR (ASX) Chart |