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24.0¢ latin resources limited

Sigma Q1 results to be released tonight our time. All eyes will...

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dawgfather

9,408 Posts.

4824

16/05/24

07:01

Post #: 73847243
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Originally posted by GARETH78: ↑

Yesterdays update has shown the company is prioritising the M&I numbers over the districts resource scale. For good reason.

These are the important numbers for the mine plan and DFS. Expect a big improvement in the strip ratio in the DFS, is my call.

No one should be pushing that this is the best resource from a thickness / depth perspective. It is not. But it is economically very attractive.

There is many ways to skin a cat, and the cost advantage from a labour and energy perspective is huge compared to WA and Canada.

We do not need a Government funded road that could cost $100m in some countries.

We do not need a paste plant to go underground that with capitalised interest will cost $80m, and be an OPEX burden for the life of the mine. How much does a 160m Cube paste plant cost to run per hour 24/7??? Not cheap in WA is my understanding.

I wager here will put in a new ATH way before a lot of the wannabes. IMO

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Sigma Q1 results to be released tonight our time. All eyes will be on their costs.

https://au.finance.yahoo.com/news/sigma-lithium-release-first-quarter-113000543.html

LRS Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
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Last 24.0¢		Change -0.010(4.00%)		Mkt cap ! $692.8M

Open	High	Low	Value	Volume
25.0¢	25.0¢	24.0¢	$439.8K	1.789M

Buyers (Bids)

No.	Vol.	Price($)
40	894075	24.0¢

Sellers (Offers)

Price($)	Vol.	No.
24.5¢	427874	25

View Market Depth

No.	Vol.	Price($)
37	888946	0.240
18	941486	0.235
30	629848	0.230
19	872749	0.225
17	702412	0.220

Price($)	Vol.	No.
0.245	456764	27
0.250	481224	33
0.255	347260	19
0.260	409623	13
0.265	165715	9

Last trade - 12.29pm 05/06/2024 (20 minute delay)


Last 24.0¢			Change -0.010 ( 5.62 %)
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