LRS 4.72% 27.8¢ latin resources limited

Im basing on averages so not too hard.I like the fact that they...

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    Im basing on averages so not too hard.

    I like the fact that they trimmed the spend / cash flow a bit for the March quarter.

    They can have a decent spend on drilling etc in this qtr and game the trade payables account a bit (an increase of $2m would be easy) to give us the 2 qtr Minimum for the June qtrly.

    This gives breathing space on the 5b (min 2 qtrs withoutr explanation) requirement to get us through until the end of October.

    I think we would all be concerned if sentiment has not seen a positive change by then.


 
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