Nicolelee, the discount is because we haven't started producing yet, and all the risks that implies. End of story.
when the first stuff is processed and shipped off thats when the fat lady will sing.
right now this is a risked price. Why is a junior valued at several times less than what its projected to be worth, even say after JORC release? because nothings been dug up and transported and processed and sold yet. End of story.
projected income and expenses , page-3
-
- There are more pages in this discussion • 22 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.61 |
Change
-0.100(1.30%) |
Mkt cap ! $7.113B | |||
| Open | High | Low | Value | Volume |
| $7.65 | $7.65 | $7.49 | $13.50M | 1.778M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10000 | $7.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.61 | 6808 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |