Let's face it, they are never going to drill.
They were only ever about buying some time, so they could work on getting the permits, then attracting a JV partner to do the drilling.
It went to 1.5c a year ago on rumours here in Western Australia that Twiggy Forrest and his companies were in negotiations with them on a potential JV in Argentina. The rumour that spread amongst investors and the mining fraternity suggested that Forrest may invest $30 million into LRS. It all fell in a heap, due to Argentina's mining legislation and the slow pace of getting any permits. And who knows if the rumours were ever true anyway, but it sucked me in for a small investment - worse luck.
Gw
Ann: Notice of General Meeting/Proxy Form, page-5
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Last
19.0¢ |
Change
-0.010(5.00%) |
Mkt cap ! $560.2M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.0¢ | $2.883M | 14.53M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 818306 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 604771 | 6 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| LRS (ASX) Chart |
