And just because I fell like being even more fantastic and hysterical let's look at the value of the initial drill area per share.
Number of shares (fully diluted???) = 294,455,036
PROFIT $2,380,000,000 divided by SHARES 294,455,036 is equal to $8.08.
What's that at a PE of 20?
OK I'm sort kidding but I think the general concept illustrates the potential value here.
au porphyry resource table, page-129
Add LNR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.774M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $1.926K | 481.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 4061042 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 15865463 | 26 |
View Market Depth
| Last trade - 11.07am 03/07/2024 (20 minute delay) ? |
| LNR (ASX) Chart |