I too am a little disappointed like you PP but the encouraging thing is that this project only uses 25% of LL's capacity so there is room for a lot more. A better financial position may make better projects accessible (make us more attractive to potential partners) for the company and they may have a higher margin and less complexity and risk. This may be just step 1 in bringing up the valuation and restoring some momentum and faith from the markets moving forward.
Canarc Resource Corp Deal, page-16
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Mkt cap ! $5.845M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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|---|---|---|
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