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
12.0¢ |
Change
0.010(9.09%) |
Mkt cap ! $342.9M |
Open | High | Low | Value | Volume |
12.0¢ | 13.0¢ | 12.0¢ | $1.832M | 14.91M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 1850419 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 453997 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4776 | 0.140 |
3 | 26674 | 0.135 |
5 | 184525 | 0.130 |
14 | 539536 | 0.125 |
11 | 1426363 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 60807 | 2 |
0.115 | 770706 | 8 |
0.120 | 72889 | 3 |
0.125 | 297701 | 4 |
0.130 | 3930746 | 24 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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LRS (ASX) Chart |