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
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LRS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.5¢ |
Change
-0.010(5.41%) |
Mkt cap ! $560.2M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 17.5¢ | $1.853M | 10.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 544455 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 216977 | 6 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| LRS (ASX) Chart |
