LRS 5.56% 17.0¢ latin resources limited

LRS General Discussion, page-16996

  1. 5,137 Posts.
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    I did an analysis of WC8 to make sure I was not missing anything as I do not get why it’s MC is nearly double LRS.

    My conclusion is that WC8 is very overvalued compared to LRS or LRS is very under valued. I do lots of comparisons between deposits and stocks to get a view of value (under or over) as it helps to make better informed investment decisions.

    I also concluded I am not missing anything about WC8. I was stunned that 36% of all assayed holes for WC8 had NSI ie no lithium (62 or 171 holes). The weighted average grade of the remaining holes was 0.88%. I am not aware of any Australian producing lithium mine or one in development or one the has down a FS or SS that has a lithium grade less than 1.0% along less than 0.88% Happy to be wrong.

    Details of my analysis are in this link.

    https://hotcopper.com.au/threads/ann-tabba-tabba-delivers-119-2m-at-1-0-li2o-from-leia.7887304/page-57?post_id=72758089
 
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18.0¢ 18.0¢ 16.5¢ $1.608M 9.399M

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