LRS 1.85% 13.3¢ 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
13.3¢
Change
-0.003(1.85%)
Mkt cap ! $363.9M
Open High Low Value Volume
13.5¢ 14.0¢ 13.0¢ $250.4K 1.866M

Buyers (Bids)

No. Vol. Price($)
33 511317 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 547670 27
View Market Depth
Last trade - 12.11pm 07/08/2024 (20 minute delay) ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.