Yep it’s pretty bad. I follow LRS after selling and I am continually astounded at not just the lack of progress but the ongoing wording and over promising in announcements.
How long have they been quoting JORC dates or drill dates without permits to drill? Not to mention the mysterious “preliminary JV and Offtake negotiations” that have been getting mentioned since December without and kind of measurable substance.
Ill add that we are led to believe this is taking place with no resource, offtake for an imaginary resource? Sure.
It was extremely concerning as a holder and is almost as bad as a non holder. Purely for the fact that this goes on right under ASIC’s and the ASX’s noses without consequence.
LRS CEO BIO, page-2
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Last
26.0¢ |
Change
0.005(1.96%) |
Mkt cap ! $728.8M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.5¢ | 25.0¢ | $1.745M | 6.766M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 125502 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 930717 | 12 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
25.0¢ |
Change
0.005 ( 1.96 %) |
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| Open | High | Low | Volume | ||
| 25.5¢ | 26.5¢ | 25.0¢ | 2995160 | ||
| Last updated 16.02pm 10/05/2024 ? | |||||
| LRS (ASX) Chart |