LRS 8.82% 15.5¢ latin resources limited

LRS General Discussion, page-17663

  1. 8,129 Posts.
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    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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