Lithium drilling for what project? IMO this will not take place until 2022....happy to be wrong!
I note from the QAR
Admin and staff costs $494,000 (LOL)
Exploration and evaluation $613,000
I'm wondering if all of the Noombenberry drilling costs have been covered in this quarter?
What is the PFS cost?
Cash on hand $1.77 million
2 quarters of staff and admin will be $988,000
Not much left in the pot to look after 4-5 projects IMO
Also there's already 1.4 billion (approx) shares on issue even after the consolidation in 2019.
https://www.listcorp.com/asx/lrs/latin-resources/news/consolidation-split-lrs-2216963.html
They better start thinking out of the box to raise more money IMO
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-30
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