I would think that upgrading the resource signficantly before DFS will come from exploration so this is where they are putting their chips to get to 100MT.
I think continuing agressive exploration is the right move, 100MT+ resource, decent spod price and low predicted AISC would drive a significant rerate IMO.
I still see this as very realistic and I'm holding strong.
I would think that upgrading the resource signficantly before...
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Last
23.3¢ |
Change
-0.018(7.00%) |
Mkt cap ! $665.8M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 24.5¢ | 22.5¢ | $1.791M | 7.697M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 59 | 1015078 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 416304 | 33 |
View Market Depth
| Last trade - 14.53pm 16/05/2024 (20 minute delay) ? |
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Last
23.5¢ |
Change
-0.018 ( 4.32 %) |
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| Open | High | Low | Volume | ||
| 24.0¢ | 24.0¢ | 22.8¢ | 4784266 | ||
| Last updated 15.12pm 16/05/2024 ? | |||||
| LRS (ASX) Chart |