LRS 1.43% 17.8¢ latin resources limited

Hi All, I recall seeing a post with a general rule of thumb for...

  1. 19 Posts.
    lightbulb Created with Sketch. 6
    Hi All,

    I recall seeing a post with a general rule of thumb for market cap versus tonnage. I vaguely recall MC within the range of $80m to $150m per 10 Mt (sc6%) for explorer stage and $150m to $200m per 10 Mt for advanced explorer/ developer with clear pathway to production. Could someone please confirm or point me to the post?

    Thanks in advance.
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
(20min delay)
Last
17.8¢
Change
0.003(1.43%)
Mkt cap ! $496.8M
Open High Low Value Volume
17.5¢ 18.0¢ 17.3¢ $543.4K 3.095M

Buyers (Bids)

No. Vol. Price($)
17 221475 17.5¢
 

Sellers (Offers)

Price($) Vol. No.
18.0¢ 2364393 47
View Market Depth
Last trade - 12.59pm 26/06/2024 (20 minute delay) ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.