Here is another example - LRS has a resource of 45mt @1.34% (65% higher grade than WC 8 grade from assays of 0.8%) and has a MC of about $750. It has great potential to significantly increase the resource about 100mt. It has a NPV from its recent PEA of $3.6b.Low cap ex and hopes to issue very little equity to develop the mine as it hopes to finance the development from pre-payments from off-take partners and debt. It seems quite undervalued.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $208.4M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.5¢ | 14.5¢ | $425.1K | 2.791M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 626245 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 169970 | 2 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| WC8 (ASX) Chart |