I'm a lot more conservative in my short/medium-term price target (still optimistic/bullish/holding etc).
JORC will take us to ~8-12c.
Completing DFS will take us to ~20-25c.
A sizeable binding offtake for noombenberry would take us to ~25-35c
Lithium +5c since I think the idea of the project is somewhat priced in
Similar for gold (+3c)
And yes I've factored in the dilution factor from options, and if ADN is anything to go by being a multi-asset, multi-national resource company will be a far, far more robust investment if there are any cyclic disruptions from the global geopolitical landscape.
And generally as a value investor as opposed to day/momentum trading, I don't like seeing insane share price whiplash every other month even if at the back of my mind I know the trend is up as LRS is delivering its project milestones and owns great resources.
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I'm a lot more conservative in my short/medium-term price target...
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $559.8M |
Open | High | Low | Value | Volume |
20.5¢ | 20.5¢ | 19.8¢ | $22.94M | 114.8M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 13941804 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 138281 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 4205519 | 0.195 |
22 | 2820233 | 0.190 |
11 | 1927908 | 0.185 |
14 | 2055305 | 0.180 |
17 | 2577929 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 2775360 | 12 |
0.210 | 3186560 | 22 |
0.215 | 2701228 | 27 |
0.220 | 2651402 | 36 |
0.225 | 2922908 | 15 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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