LRS 3.13% 16.5¢ latin resources limited

Ann: Positive DMS Test Work - Salinas Lithium Project, page-34

  1. 636 Posts.
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    I recommend listening to CG interview. Overall he was cautiously optimistic. Sounds like the PEA will be next month and we could get a significant increase on 45mT by the end of the year. The big question is the price of Lithium going forward. There was serious misinformation from the major players on Lithium supply/demand during the past 12 months. I dont think this is likely to happen again as even blind Freddy can see the demand for Lithium will be insatiable for the forseeable future. Climate Change concerns will drive the demand for Lithium and Uranium. The Uranium sector is about to go gangbusters IMHO. Overall I think the Lithium demand will continue unless there is a major generalised stock market correction. Other factors include ASX 300 and the possibility of a takeover. At 37 cents, LRS is good buying IMHO
 
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