Just watched the Chris Gale interview. I thought he spoke well and was quite plausible. What I find frustrating is that the man is a good communicator and yet he keeps LRS shareholders in the dark and never delivers on his promises (at least not in the time frames he specifies).
It is clear that LRS has huge tenements and there would appear to be excellent potential. He alludes to the fact that he has seen some excellent drill results and all the permits etc are in place.
What is needed are drill results to be released and a JORC. I am concerned that the coffers will run dry before this is achieved. Perhaps a big pump and then a CR is on the way.
If the reason for the delay is money, then I would hope a decent JV would be a serious consideration.
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Mkt cap ! $560.2M |
Open | High | Low | Value | Volume |
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5 | 906298 | 19.5¢ |
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6 | 630000 | 0.170 |
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10 | 651683 | 0.155 |
Price($) | Vol. | No. |
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0.185 | 1869389 | 8 |
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0.195 | 3325980 | 9 |
0.200 | 2906221 | 23 |
0.205 | 1881708 | 11 |
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