It’s the market.
The whole market is down.
Yes it would have been better to just get money rather than shares as shares go up and down.
You have to take into account that the deal is spread over a year from memory and by then who knows what the price will be, much like LRS. Today is low and tomorrow it could be up and in a year LRS could be 10-20 cents or still 1cent.
Most of the market is BS and there are only a couple of times when it’s a sure thing.
No one here actually knows anything for sure and can only work with the limited info we have and the potential outcome in the foreseeable future.
Who knows if CG will do as he has done in the past and just sell it off or will finally mine!
We just need some progress and yes it would help if we felt CG was only focused on LRS and the only way to know for sure about use of funds is with an audit, which they do every quarter and CG can only fudge so much.
It’s a waiting game as always, we were hoping it’d be a quick play and it’s turning into a year play which sucks but it is what it is.
Lithium’s on the move as is the rest of the world and there are new technologies in regards to batteries everyday which is of concern as some of them don’t use lithium but are a ways off and have to be proven so we have time, we just need to drill and get a JV and JORC and if CG feels it’s important to get a FS as well to get a good offtake so be it. Just effin do it already and show us progress like it actually matters to make this happen so we can make some effin money as well and allow us options-faith and trust in our investment.
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $560.2M |
Open | High | Low | Value | Volume |
16.5¢ | 17.0¢ | 16.3¢ | $2.888M | 17.35M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 2375951 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 1225997 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 215700 | 0.175 |
6 | 630000 | 0.170 |
7 | 1125150 | 0.165 |
8 | 1918920 | 0.160 |
10 | 651683 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 1869389 | 8 |
0.190 | 3947046 | 21 |
0.195 | 3325980 | 9 |
0.200 | 2906221 | 23 |
0.205 | 1881708 | 11 |
Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
LRS (ASX) Chart |