LRS 0.00% 18.5¢ latin resources limited

Ann: Colina Lithium Deposit - Mineral Resource Estimate Upgrade, page-85

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  1. 4,322 Posts.
    lightbulb Created with Sketch. 1257
    Filling a thread with arguments, stirring the pot etc based off not much = seeds of doubt. You know as well as anyone in this phase of development a lot of money is spent, especially if you want things done quickly. WR1 isn't in the same phase = doesn't have the same costs... Yet.

    The biggest part of a successful operation once in production, whilst producing a good product is being able to survive the low cycles. It doesn't matter how big the deposit or how good the ore is at that point. WR1 would be a serious risk when it comes to this topic of conversation, LRS is a big winner on the other hand.

    Debate is over based on this point alone.

    Not many expected Lithium to fall as low as it did, especially when you consider the cycles of Oil overtime... Lithium isn't Oil though it's more like Iron ore, coal or a mix in terms of commodity's.

    I believe costs in Canada will be higher than most in the world.
 
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