LDR 0.00% 11.0¢ lode resources ltd

BONANZA- 116.1 m @ 1,003 g/t AgEq, page-198

  1. 1,034 Posts.
    lightbulb Created with Sketch. 211

    Interesting to see the VWAP only down 1c from yesterday


    https://hotcopper.com.au/data/attachments/5034/5034318-25f898e8f874f4983feb0769a1267773.jpg

    https://hotcopper.com.au/data/attachments/5034/5034319-a7af760dc5e271c7dc2c1cd339cf037a.jpg

    At the end of the day, one has to decide on what they believe the company is worth.

    I bought on the day of the Announcement at 28c & I personally believe this
    should be $100- $150M MC prior to next results being released.

    If hole WCS046 comes out as 200m of similar or higher grades, then I think 300M MC isn't out of the question.

    https://hotcopper.com.au/data/attachments/5034/5034355-025ce928cb190706c1c32fe85adbaa6d.jpg

    I'm interested to hear what others here believe these intercepts are worth in terms of market capitalisation?
 
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