Excellent summary@Georgep3438 Thanks.
Totally agree - there are so many positive aspects and limited red flags at the moment - finding a deposit like this is rare and even rarer to bring to production in 2 years - it will be profitable - here are some of my highlights:
* low operating costs
* single large pit with multiple lenses
* extends to depth for future underground and life extension
* excellent regional infrastructure and services*
* regional government and community support
* central to market(ish)
* low CAPEX to pay off
* technical processing risk reduced - simple flowsheet (this links to low CAPEX and OPEX)
* central processing facility for future extensions and satellite pits
* professional transition to development and production
* excellent prospects for future exploration success
* cashflow to generate growth and sustainability
The next couple of years will be exciting I feel
Cheers and good luck all long term holders
- Forums
- Charts
- LRS General Discussion
Excellent summary@Georgep3438 :) Thanks. Totally agree - there...
- There are more pages in this discussion • 88 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LRS (ASX) to my watchlist
(20min delay)
|
|||||
Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $658.8M |
Open | High | Low | Value | Volume |
23.0¢ | 24.0¢ | 22.5¢ | $1.817M | 7.743M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 404558 | 23.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.0¢ | 460997 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 390270 | 0.235 |
7 | 150386 | 0.230 |
3 | 84449 | 0.225 |
6 | 206317 | 0.220 |
5 | 255000 | 0.215 |
Price($) | Vol. | No. |
---|---|---|
0.240 | 190146 | 7 |
0.245 | 1370463 | 6 |
0.250 | 598519 | 21 |
0.255 | 329950 | 5 |
0.260 | 292308 | 4 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
24.0¢ |
  |
Change
0.005 ( 4.39 %) |
|||
Open | High | Low | Volume | ||
23.0¢ | 24.0¢ | 23.0¢ | 2838546 | ||
Last updated 15.59pm 03/05/2024 ? |
Featured News
LRS (ASX) Chart |