one of the great aspects of LRS is that the board are hoping the low capital cost of the mine can be funded from off takers without raising any or very little - this makes LRS much more attractive than any other lithium stock on the ASX. If KRS ends up with a MC of say $3b it will be worth $1+ per share but if it needed to raise $500m the uplift to $3b would only mean a SP of 75c
LRS General Discussion, page-15909
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $552.8M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 19.8¢ | $3.194M | 16.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 6680452 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 3055678 | 29 |
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| Last trade - 13.03pm 30/08/2024 (20 minute delay) ? |
| LRS (ASX) Chart |