Yeah it's just not for me.The market doesnt like kaolin/halloysite.
Even comparing MARKET caps a year ago when market was strong like bull
ADN: 600m
LRS: 70m
People were also trapped in these becau they bought at higher prices so I would drop those current day values by the market would be lower. Ras is pre jorc but i would value to kaolon and halloysite at like 30m-40m marketcap but pending on size of resource.
Like i said on the other forum.. LRS didnt run on rock chip samples in brazil with massive Sigma only 40km away so nearology arugment doesnt mean much here either.. So no value on that other than gambling hope based on nearology atm.
So my value for it is 20-40m pending resource size of K&H then more on lithium spod visuals and pegmatite intercepts
LPM Megathread, page-133
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $10.74M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 12.5¢ | $4.086K | 31.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 17545 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 20001 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
-0.005 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 13.0¢ | 13.5¢ | 12.0¢ | 50252 | ||
| Last updated 15.31pm 26/04/2024 ? | |||||
| LPM (ASX) Chart |