I think $1billion market cap is easily justifiable based on the current MRE if you compare it with Sigma’s valuation, of course they are already a producer now. Of course, the blue sky potential is that they could increase the current MRE by 50-100% with additional drilling.
Latin Resources Target Price Raised 80% to A$0.45/Share by Canaccord Genuity, page-17
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 12.5¢ | $869.2K | 6.627M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 739773 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 207600 | 2 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| LRS (ASX) Chart |