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
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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 |