I have no idea whether my ST target of 75 will occur , it all depends on the JORC that is due and how these results are received .
This market is really weak right accross the board , so I think in the LRS case we need to show patience .
The good thing with LRS is the company is drilling in the right areas ( Peru and close to port) with 2 of their neighbours sitting on billion diolar resources and BHP and the chinese all over the zone . (reference LRS report to recent conference)
At present LRS is just another explorer, if the JORC is positive as i hope , and with shareholders like the Sth African gold bank and CFE paying 26c recently , the upside to achieve a 75c share price realy isnt that big a market cap .
Hope to see the JORC by the end of November
todays volume, page-13
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Last
17.5¢ |
Change
-0.010(5.41%) |
Mkt cap ! $489.8M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.5¢ | 17.0¢ | $5.736M | 32.31M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12927 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 1085860 | 12 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| LRS (ASX) Chart |