NRZ 0.00% 0.3¢ neurizer ltd

25 X below sector average

  1. 321 Posts.
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    So looking at page 8 LCK on a 2C resource basis is 1/25 of the sector average.

    Looking at the appendix 2P reserves are valued at $1.60 per GJ and at $1.00 per share LcK would still only be valued at 20 cents in the ground or 8X below the average.

    Even If initially they convert a third to 2P reserves then its valued at 60 cents in the ground with the sector average at $1.60 and that’s with LCK at $1 per share!

    The company have said the work is done and 2P is on the way and quickly.

    This is is worth literally dollars - tell me another play out there that has this sort of upside in the short term within quarter one as they’ve just said.

    Ted
 
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