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.
Here is another example - LRS has a resource of 45mt @1.34% (65%...
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Last
15.3¢ |
Change
0.003(1.67%) |
Mkt cap ! $205.0M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.5¢ | 14.5¢ | $402.0K | 2.641M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 814364 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 323049 | 28 |
View Market Depth
| Last trade - 15.40pm 27/06/2025 (20 minute delay) ? |
| WC8 (ASX) Chart |