LRS 54.2% 18.5¢ latin resources limited

LRS General Discussion, page-18417

  1. 9,667 Posts.
    lightbulb Created with Sketch. 5079
    I'm not much of a fan of any lithium in Aus (because of the costs) except for PLS (for transparency, I don't hold any PLS shares).

    LTR has spent $1bn on Capex just to get to first production - and I assume the likely estimate for WC8 would/will be similar (although we won't know till they release a JORC and then a PEA).

    Brazil is the best place for capital searching for hard rock lithium exposure, due to the clear support from government with permits but also because of the exceptionally cheap costs of constructing a mine and then operating one.

    If SC6 prices end up anywhere near $800/t - nothing in Australia except IGO (and maybe PLS) can make any money.
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
(20min delay)
Last
18.5¢
Change
0.065(54.2%)
Mkt cap ! $517.8M
Open High Low Value Volume
18.0¢ 18.8¢ 17.5¢ $17.37M 96.21M

Buyers (Bids)

No. Vol. Price($)
8 282825 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 5339183 79
View Market Depth
Last trade - 16.10pm 15/08/2024 (20 minute delay) ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.