LRL 3.85% 25.0¢ labyrinth resources limited

10m value more likely and retain a % in royalties IMONot going...

  1. 2,328 Posts.
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    10m value more likely and retain a % in royalties IMO

    Not going to happen in this market though, more likley over the next 12 months IMO

    You can't assign any value to something you haven't drilled and don't know the resource size, or from an accounting perspective something that you got for free via Normandy/Newmont.

    Keep in mind Mt leyshon produced 2.5m oz's Au and 2.3m oz's Ag when the from 1987 to 2002 when the gold price was $200-$350 / oz. They can afford to mine much lower grades there now with gold at ~$1370. Pick a figure...
 
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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) ?
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