L1M lightning minerals ltd
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ESS Takeover

  1. Jason4
    1,767 Posts.
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    09/01/23
    09:37
    Post #: 65590933
    Today's announcement of Essential Metals (ESS) receiving a takeover over at a 45% premium is a good look for the Norseman region and will hopefully generate some interest in L1M when drilling commences. Just validates the potential of the region the company is situated in. And to think L1M is trading almost at cash backing is incredible, considering where on either side of a company that's just received a $136m takeover offer and the other that's valued in excess of $3billion (LTR).

    https://hotcopper.com.au/data/attachments/4954/4954198-c1d7966b10cbe7a2acf7b1351459255f.jpg


    https://hotcopper.com.au/data/attachments/4954/4954164-6b75ca0a9d24a27fb4785b0ce5751954.jpg
    Last edited by Jason4: 09/01/23
    L1M Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
5.3¢ 		Change
-0.006(10.2%) 		Mkt cap ! $5.476M
Open High Low Value Volume
5.3¢ 5.3¢ 5.2¢ $2.854K 53.86K

Buyers (Bids)

No. Vol. Price($)
1 19880 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 110000 1
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Last trade - 14.26pm 17/06/2025 (20 minute delay) ?
L1M (ASX) Chart
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