LRS 6.25% 17.0¢ latin resources limited

Ann: Trading Halt, page-120

  1. 7,369 Posts.
    lightbulb Created with Sketch. 452
    Yeah end of day the raising partners will want this to also be a success, likely to see broker upgrades and the shackles removed once this settles down.

    We just need to tick boxes off, get a decent MRE on the table and progress.

    2.5 billions shares does not worry me as the market cap is $250 million vs Sigma $5 billion so even getting 1/5 the size of a mine up and running we would be at 40c in 2 years time. And that would be very very conservative given a resouce 50% of the size seems highly likely.

    Does anyone know though exactly and specifically what the Sigma depths were - have heard similar to us - might try and find some info. Also does Sigma have other areas they are likely to drill, or current mine likely to be expanded a great deal?
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
(20min delay)
Last
17.0¢
Change
0.010(6.25%)
Mkt cap ! $475.9M
Open High Low Value Volume
16.5¢ 17.0¢ 16.0¢ $927.3K 5.545M

Buyers (Bids)

No. Vol. Price($)
13 523134 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 1447065 20
View Market Depth
Last trade - 16.10pm 17/07/2024 (20 minute delay) ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.