LRS 4.88% 21.5¢ latin resources limited

LRS chart, page-5641

  1. 9,786 Posts.
    lightbulb Created with Sketch. 5221
    Can only imagine the 249d must be FFX?

    Agree with you on the many bullish estimates on our upcoming resource upgrade.

    I personally ran my own numbers for a number of days before allowing myself to believe that the ~47MT was actually a likely number (and not just a pipe dream). At first, the numbers looked suspiciously high - but I’ve done as much sanity checking as possible and the numbers look pretty robust.

    Somewhere above 40MT also aligns with a few other ppl who are usually within. +/- 10% when it comes to resource estimation for hard rock deposits.

    The major uncertainty for me is grade and whether we will move north from 1.2. I personally think 1.3% is a good chance but after the disappointment on grade in the original JORC, I have to admit I’d be unsurprised if we somehow ended up at 1.2 again with this upgrade.


    Last edited by dawgfather: 11/06/23
 
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