LRL 3.85% 25.0¢ labyrinth resources limited

The signs are all there Oscar, the big JV partner negotiations...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 13,244 Posts.
    The signs are all there Oscar, the big JV partner negotiations with a big Chinese partner. How big is it and how much has been drilled I think will send a rumbling through the market. I think it will be a world class deposit with a few billion tonnes and scope to upgrade opps like this with a cashed up company, don't come along very often. As when you think about it with a partner, they will have enough cash for holders not to worry about dilution like others just to obtain a project. When I look at other small players who acquired in Mongolia jumped to a hundred plus mil and still needed to raise funds lrl is sitting very nicely along with being tightly held. On the release of acquiring a good project along with a JV we would see the sp double at least rewards for the patient.
 
watchlist Created with Sketch. Add LRL (ASX) to my watchlist
(20min delay)
Last
25.0¢
Change
-0.010(3.85%)
Mkt cap ! $30.43M
Open High Low Value Volume
25.5¢ 25.5¢ 24.3¢ $16.6K 66.24K

Buyers (Bids)

No. Vol. Price($)
1 20400 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 39614 1
Last trade - 15.53pm 15/11/2024 (20 minute delay) ?
LRL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.