Totally agree with the underlying commodity making or breaking the stock and for the record, a dollar per share would be ok with me. It's all about perspective with an enterprise value of around A$26 million. Having started production in Peru with a planned output of 250kt per annum at today's prices is likely to generate around A$20 million free cashflow, a 43% holding in ASX LEL, a little under A$10 million in the bank PE possibly going into production early next year makes it an exceptionally low risk, very high reward as i type.
Totally agree with the underlying commodity making or breaking...
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Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.796M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 136124 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 100000 | 1 |
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| Last trade - 16.12pm 03/10/2024 (20 minute delay) ? |
| SRK (ASX) Chart |
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