LRS will rise again at some stage.
Management are still advancing the project at a rapid rate. A resource upgrade soon should further improve the project economics.
The Sigma 2.0 moniker is not to be slept on.
If & when Sigma get taken over, there'll be some significant institutional money looking for another place to invest. They will be very familiar with the region, the type of project and the expected timelines to production.
What's the point of reinventing the wheel? Why not just rinse and repeat in Sigma 2.0?
The losing bidders on Sigma will probably also be doing the same thing and eyeing off LRS.
I'm still pretty confident good times are ahead. Just a little patience required.
LRS General Discussion, page-14984
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Last
23.0¢ |
Change
-0.020(8.00%) |
Mkt cap ! $643.8M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.0¢ | 22.0¢ | $2.179M | 9.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 283000 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 135485 | 4 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
22.5¢ |
Change
-0.020 ( 11.5 %) |
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| Open | High | Low | Volume | ||
| 25.0¢ | 25.0¢ | 22.3¢ | 4224168 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| LRS (ASX) Chart |