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
I have no idea whether my ST target of 75 will occur , it all...
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $574.2M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.8¢ | 20.5¢ | $3.085M | 14.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 480497 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 462250 | 5 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| LRS (ASX) Chart |