Reading an old Hartleys report where they put a target price of 49c on LOM. The basis for this valuation was the sale of 15000 carats at $1700 over 12 months going forward. The expected cash flow from this assumption was $25million. This was just from alluvial mining with a slight chance that in the future they may have JORC
In light of what has happened this quarter, $32million in diamond sales, drilling to commence to prove up a productive Kimberlite.
What price now?
Reading an old Hartleys report where they put a target price of...
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Last
7.1¢ |
Change
-0.001(1.39%) |
Mkt cap ! $20.59M | |||
| Open | High | Low | Value | Volume |
| 7.2¢ | 7.2¢ | 7.1¢ | $1.014K | 14.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 161000 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.2¢ | 108501 | 4 |
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| Last trade - 13.39pm 30/07/2024 (20 minute delay) ? |
| LOM (ASX) Chart |