IMO Jorc Update from Cloud 9 will not move the share price at all, neither will the assays for Hold 3-6 as it is probably priced in.
If the next few holes down south continue to find wider intercepts though, that's confirmation of a larger resource and warrants further price appreciation.
I'd like to see LRS keep climbing too but at this early stage of the exploration, I think it is already priced too high. That's my opinion and hope I'm wrong. Once the Argentinian project kicks off and with more drilling in Brazil, LRS will continue to rise.
IMO Jorc Update from Cloud 9 will not move the share price at...
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Last
18.8¢ |
Change
-0.008(3.85%) |
Mkt cap ! $517.8M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.8¢ | 18.0¢ | $1.936M | 10.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 307909 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 1117316 | 33 |
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| Last trade - 12.58pm 19/06/2024 (20 minute delay) ? |
| LRS (ASX) Chart |