LRS 5.56% 17.0¢ latin resources limited

Ann: Cloud Nine - R&D Project to Reduce Methane Emissions, page-33

  1. 407 Posts.
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    Shame on me for even replying to you, but okay, I'll get sucked in.

    Let's pretend I'm Moweth for a sec. I stumble upon potentially the largest deposit known of a material that already has small (but steady and established) application worldwide with a known value.

    That existing consumption alone could act as a guaranteed income for me to fund other exploration projects for many years.

    I am also aware of other potential applications for this gigantic resource that could make me extremely wealthy, but it is a new and unestablished market that requires a good deal of R&D to get off the ground.

    I walk away because it feels too hard.

    Dunno about anyone else, but that doesn't sound like a very committed exploration company to me.

    This is a great announcement.
 
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