My view on the share price of lihir gold not dropping may relate to the market factoring in the enormous potential Equigold has with it's operations and tenements, balarat coming on stream later this year and Lihir actively progressing towards a 1 mill ounce/annum gold operation in it's own right, together with reducing costs using geothermal energy production and completely unhedged.
What is there not to like about this business, it clearly is well managed, an example setter and a star performer.
Well done Lihir gold!
To all those holding shares - buy more, but beware there may be a minor correction before a low entry point presents itself.
My view on the share price of lihir gold not dropping may relate...
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Last
$1.41 |
Change
0.010(0.71%) |
Mkt cap ! $172.1M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.41 | $1.39 | $9.782K | 6.992K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 923 | $1.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 14375 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LGL (ASX) Chart |