agreed there is a high likelihood this will be oversold
but with $28m in the bank, no real C&M costs or large overheads, that is the opportunity.
I think LM8 has the best piece of under explored nickel real estate in the Kambalda region. Management have done a great job building the resource base, and should continue doing so.
Reserves right now are irrelevant. drill on.
The sell off, page-7
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Last
19.5¢ |
Change
-0.025(11.4%) |
Mkt cap ! $42.47M | |||
| Open | High | Low | Value | Volume |
| 20.3¢ | 20.3¢ | 19.0¢ | $37.24K | 191.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 107158 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 12945 | 1 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| LM8 (ASX) Chart |