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.
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When PSC received binding agreement from Huayou to buy Acardia...
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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¢ | $1.723M | 14.00M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4776 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 60807 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
34 | 2040139 | 0.120 |
14 | 1407691 | 0.115 |
36 | 2228651 | 0.110 |
19 | 1007091 | 0.105 |
51 | 3168757 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 604713 | 22 |
0.130 | 3858013 | 24 |
0.135 | 852537 | 17 |
0.140 | 721800 | 12 |
0.145 | 482553 | 12 |
Last trade - 15.59pm 14/08/2024 (20 minute delay) ? |
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LRS (ASX) Chart |