LRC laguna resources nl
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some thoughts

  1. Steini
    14,322 Posts.
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    04/11/09
    16:40
    Post #: 5872555
    Lets assume todays estimate would be a real value. Lets say they earn just $ US / AUD 100 per oz. that would roughly be : 0.750 m oz x $ 100 / 750m shares = at least 10cps.

    When the CEO of LGL was recently on TV ( Inside business ) he spoke about a margin of av. $ 400 per oz.

    Now, disappointing result or not, if my estimation is not too wrong, then sp should be at 10c and higher.

    Comments please !!!!!!!!
    LRC Price at posting: 2.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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