When PSC received binding agreement from Huayou to buy Acardia project at 528M AUD for 87% holding ( 607M AUD for 100%), their SC6 reference price used in DoFS is only 892 USD. Acardia project resource level is quite similar to Colina project. Acardia has 72.5 mt @1.11% resource while Colina has 70.9mt @ 1.25% . Acardia project is in Africa while Colina is in Brazil. Everyone knows the risk level between these two countries.
Acardia project was sold for $607M, LRS MC is only $308M. LRS is much undervalued. Shorters can control price for short term, but they can't control it forever. I don't want to convince people to buy, but I want our long term holders here be patient. Your wrong decision will not only impact your future, but also impact holders here.
LRS General Discussion, page-18698
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Last
12.3¢ |
Change
0.013(11.4%) |
Mkt cap ! $342.9M |
Open | High | Low | Value | Volume |
12.0¢ | 13.0¢ | 12.0¢ | $1.307M | 10.64M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
46 | 2704989 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 1089633 | 38 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
46 | 2704989 | 0.120 |
21 | 1723675 | 0.115 |
38 | 2162036 | 0.110 |
23 | 1028091 | 0.105 |
56 | 3231257 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 1090533 | 39 |
0.130 | 3802458 | 30 |
0.135 | 1329337 | 18 |
0.140 | 727800 | 13 |
0.145 | 501753 | 12 |
Last trade - 14.09pm 14/08/2024 (20 minute delay) ? |
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LRS (ASX) Chart |