LGL lynch group holdings limited

Where am I going wrong in my maths. As far as I know, known gold...

  1. 5,397 Posts.
    lightbulb Created with Sketch. 111
    Where am I going wrong in my maths. As far as I know, known gold reserves at Lihir Island are 40 Mill oz, 1.5 Mill at Ballarat and about 1 Mill at Bonrinko. $1000 an oz(aus) that's $42.5 bill in know resource alone.

    Company value $3.5 billion (2 billion shares at $1.75) Whoops sorry down to $3.2 billion now
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$1.80
Change
0.000(0.00%)
Mkt cap ! $219.1M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 5714 $1.75
 

Sellers (Offers)

Price($) Vol. No.
$1.81 12500 1
View Market Depth
Last trade - 16.21pm 25/07/2025 (20 minute delay) ?
LGL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.