My opinion only and purely speculation...
Regardless of the CR Price if it's by the guys pricing LTR at 12c range you best believe when they have a large amount of money in this... That they'll keep it up strong and those apart of the CR will tell their mates about this potentially huge Upcommer.
Any good promotion helps and word of mouth by fellow Sophisticated Investors is huge.
Previously they were doing raises without the information about the current tenements... We now know there's a very viable resource here and the market cap is extremely well priced (IMO)
Regardless of what happens i remain positive, Lets see how this plays out!
Could be a small raise and they potentially see Off-Takes come in near future...
OR
Could be a large raise so they're not stretched too thin when doing negotiations as they arent desperate for money.
These guys are the real deal so i trust however this plays out the Management have my full support.
-Not Financial Advice-Speculation Only-
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Last
84.5¢ |
Change
-0.010(1.17%) |
Mkt cap ! $1.612B |
Open | High | Low | Value | Volume |
85.0¢ | 86.5¢ | 83.5¢ | $5.151M | 6.083M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 23487 | 84.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
85.0¢ | 286512 | 4 |
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No. | Vol. | Price($) |
---|---|---|
10 | 1641167 | 0.019 |
3 | 712500 | 0.018 |
3 | 794117 | 0.017 |
1 | 200000 | 0.015 |
1 | 60000 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 1985261 | 1 |
0.021 | 1256198 | 4 |
0.022 | 1128862 | 5 |
0.023 | 1750000 | 3 |
0.024 | 480229 | 3 |
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