Cha, Ive got no idea what it is. It sure does sound like the PNG gov't is taking a slice, but if this is true why havent I seen any analyst coverage on it? Its a big deal if it affects their costs so significantly.
Anyway, the more I dissect from LGL's financials the more opaque they become & its starting to tick me off. Their cash costs, or 'cost of sales' seem to appear exclude all kinds of expenses and consequently the EBITDA is a nice number. No wonder they're cash costs look impressively low.
As for this year's SP performance - I dont think its that bad taken in a multi-year perspective. A lot of miners are getting hammered what with a general bear-market outlook, they're merging with EQI, their Ballarat operation is coming on-stream and they're on the hook to icrease production to 850k pa. A lot is going on, lets see if they can deliver the 850k!
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Last
$1.80 |
Change
0.000(0.00%) |
Mkt cap ! $219.1M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5714 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 12500 | 1 |
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| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| LGL (ASX) Chart |
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