LRS latin resources limited
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LRS General Discussion, page-19335

  1. GARETH78
    8,828 Posts.
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    21/09/24
    09:24
    Post #: 75775508
    What’s wrong with PLS?

    Actually I think that’s what the shorters are thinking.

    Nearly $9bn MC currently and be lucky to have a $1bn in revenue this fin year, never mind earnings.

    LRS deal has propped them up a bit IMO. Low cost jurisdiction, access to new markets. I’m starting to feel the deal is more in their favour now.

    Happy to have some exposure to PLS, but there are other producers that could rebound stronger.


    Last edited by GARETH78: 21/09/24
    LRS Price at posting: 19.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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