My interpretation of most of the comparisons was merely that there is potential to be in the same ballpark- or more. I don't think anyone is suggesting that LRS is already advanced in their operation such that the share price will be $0.40 plus next week. With not many other large-scale operations in Australia of this type to compare to it is only natural that people will look to a company like ADN is a rough yardstick as to what LRS might look like if the grades and volume of material are present. The truth likely lies somewhere in between. In any case the share price looks primed to punch into the teens soon and especially so on the back of strong news. What happens from there, if we get there, is anyone's guess.
Projects: GOLD/HALLOYSITE/LITHIUM/COPPER/HEAVY METALS, page-851
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Last
13.0¢ |
Change
0.005(4.00%) |
Mkt cap ! $363.9M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 12.5¢ | $755.8K | 5.910M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 378977 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 109597 | 4 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| LRS (ASX) Chart |