LRS 0.00% 18.5¢ latin resources limited

Ann: Quarterly Activities Report & Appendix 5B, page-9

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 941 Posts.
    lightbulb Created with Sketch. 107
    863k cash burn next qtr  . Money to last till mid May .  If can get the oppies in the money an extra $3.1m come mid to late March .  Means next qtrly would show a balance of around $3.55m  .
    Funds would then last till possibly late this year (ramp up in drilling and exploration plus any costs associated with Anastona DD , shortening timeline for bank balance)  Doesn't take into account anything for Mineral Sands or Copper .

    I think if the results from this first round of RC drilling isn't positive we will have a bit of a tough time and a CR in April .

    San Luis, Argentina - Maria del Huerto - The Lithium mineral Spodumene occurs as prismatic crystals from a few centimetres to over a metre in length, in various colours from pale green through white to pink and lavender, occurring predominantly in the intermediate zones and nucleus of the dyke.

    I know we are starting in Catamarca on the Vilisman and Ancasti groups ,  but i do like the look of San Luis and there groups .
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.