I was responding to Gav-'Look at the MC numpty not the SP. Also jurisdiction might have something to do with our low Capex.'
As is obvious the 2 are inter linked.
Most investors are quite obsessed with the S/P.
Funding a viable operational mine is huge Capex anywhere in the world.
Very rare to see projections not blowing out...big time.
LRS is rated on potential.I am merely trying to assess the risks.
As for 'sovereign risk'-Latin America is a very volatile..environment.
LRS General Discussion, page-15970
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Last
17.0¢ |
Change
-0.005(2.86%) |
Mkt cap ! $475.9M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 16.5¢ | $1.177M | 6.877M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 1857961 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 614760 | 35 |
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| Last trade - 12.32pm 05/07/2024 (20 minute delay) ? |
| LRS (ASX) Chart |