Say for a moment all the ducks start lining up for LRS.....Li, Cu, Xau, good % start coming in from assay's whats the Mc of a Exploration Co with all these 3 projects become? if we are faced with the serious prospect of stagflation and interest rates are forced higher through necessary Gov policy, then anything of gold related may re-rate up to 30X its value just like the late 70's (MCO 3c-$1.10) and no gold mined, so combine the other 2 commodities in a frothy market with results a 1B Mc is not out of the Q providing the SOI don't explode from here on in gives you $1.50 approx.
So Once was a lemon may turn out to be a golden egg in 3-4yrs, all about accumulation on the dips and a free carry and hold your nerve to find out!
Say for a moment all the ducks start lining up for LRS.....Li,...
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Last
17.0¢ |
Change
-0.010(5.56%) |
Mkt cap ! $475.9M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 16.5¢ | $1.608M | 9.399M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 2237794 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 250000 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LRS (ASX) Chart |