LRS 4.65% 22.5¢ latin resources limited

LRS chart, page-6280

  1. 1,312 Posts.
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    respect mate.
    I’m just thinking , what could lower price of commodities ( lithium) do to explore and producer company.

    let’s break it down,
    company A ; very good with fundamental but 1/2 years before production, lower price could bring debt/more CR ( more diluted shares ( I seen it in their chart in the past more uncertainty)
    company B ; ( I don’t want to name any ) it’s producer and the problem with production is eased or looked after but at lower price they are making money maybe less


    its like a business, think I want to open up car dealer , I must borrow pay rent and other dealer that got few years of sales/ own their shop . Surely we both make money but who is build business and who could be out of business.

    I don’t lacteally like or dislike Lrs asn Rgl Cxo pls Ltr Azl scn but I like the way someone else value them.
    Lrs is good/ if long term lithium price turn green then they make money.
    but
    pls Cxo asn Rgl are different.

    hopefully we will see what is chart could show us but ( they are some small scenarios) time time time will be needed


    @mi2018 night or day or midday at ur location! Maybe someone enjoying Dubai at the moment! Lol
    ……………………………
    this week could be not good and maybe shit. More seller sp falling . Chart start to build next move and I think demand zone will be reached not long now.
 
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22.5¢
Change
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Mkt cap ! $630.3M
Open High Low Value Volume
21.0¢ 22.8¢ 21.0¢ $7.375M 33.24M

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6 521810 22.0¢
 

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Price($) Vol. No.
22.5¢ 413310 3
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Last trade - 16.10pm 30/09/2024 (20 minute delay) ?
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