My concern here is the cash. They have 2.7M after burning through 1.3M this quarter. They have 2 quarters, maybe 3 if enough options are exercised. I reckon they should focus on the South American assets which are already free carried and will slow the cash bleed. If they were to do a cap raise, it'll definitely be after some lithium news and the SP rises. I might be wrong so I'm happy to get someone else's take on this as well
LRS General Discussion, page-1959
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20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $559.8M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 19.8¢ | $22.94M | 114.8M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 13941804 | 19.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 138281 | 1 |
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