LRS

4.00%

13.0¢ latin resources limited

Ann: Robust Results for Colina Lithium Project PEA, page-223

First 223 Last

Share
Profile

Follow
cobrakai1984

5,971 Posts.

518

28/09/23

15:47

Post #: 70078453
Share

Originally posted by Risklevelchancy: ↑

So the PEA figs are based only on 26mt! NOT the 45.2mt as under ASIC rules can only use 75% of the "measured" for the PEA calcs & 75% of indicated & 25% inferred. I think (if I understood right).

So the PEA potentials $$$, are way down. It seems these figs based on 75% measured, 0.43Mt= .3225, plus 75% of 29.70mt indicated= 22.275mt, and the inferred 25% of 15mt= 3.75mt

75% of the Measured, which was bugger all the .43mt= 0.3225mt.
75% indicated, 22.275
25% INferred, 3.75mt

total 26.3475mt only used in PEA calcs. so 45.2mt over 26.3475 = 171.55% potentially better results here!

Abstract from the PEA pg 3 under Exec Summary;
The Colina Project PEA, made up of 45.2Mt (includes 0.43Mt @ 1.34% Li2O " Measured " they can only use 75% + 29.7Mt @ 1.37% Li2O Indicated they can only use 75% + 15.0Mt @ 1.22% Li2O Inferred they can only use 25%. PEA Based on only

OMG! if I'm right in my assumption, then basically, these figures are down 71.55% of what they should be. "I'm listening to CG's podcast as I type....

If CG off sold the Cloud Nine Halloysite Project! Would cover some/ or most construction costs! I have forgotten what it was worth. 100 Mil?

Seems in October- an announcement of an expression of interest decision. 3 new interested parties on board unnamed. So that's about a dozen now! & CG is hoping to get some funding from that offtake. Plus, Brazilian managed funds. & he aims to use very little equity so no watering down.

11 rigs still drilling! All way to end of year & looking to increase into 2024. Plus planning more infill at Colina from inferred to indicated & measured. Plus more drilling elsewhere still going on! Is talk possibly strip ratio may get better when they know more.

Great pod cast! I'll keep holding!

Expand

it doesnt change the capital intensity. which is negative. one of the worst hard rock projects .too much dirt, not enough ore.

LRS Price at posting: 23.3¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

Revolutionary inverter technology leads the clean energy charge

TNC

True North increases silver metal at QLD's Vero deposit by 20%

Bitcoin: Current State of Play & Where to Next | Swyftx

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Emerald & Azure score Digger & Dealer awards

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

TKM

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

HZR

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

NEU

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

There are more pages in this discussion • 123 more messages in this thread...

First 223 Last

Add LRS (ASX) to my watchlist

(20min delay)
Last 13.0¢		Change 0.005(4.00%)		Mkt cap ! $363.9M

Open	High	Low	Value	Volume
13.0¢	13.5¢	12.5¢	$755.8K	5.910M

Buyers (Bids)

No.	Vol.	Price($)
8	378977	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	109597	4

View Market Depth

No.	Vol.	Price($)
4	347000	0.125
24	988908	0.120
14	913743	0.115
18	1507636	0.110
5	1128753	0.105

Price($)	Vol.	No.
0.130	109597	4
0.135	571962	9
0.140	1342329	13
0.145	537100	13
0.150	612368	13

Last trade - 16.10pm 09/08/2024 (20 minute delay)

LRS (ASX) Chart

Ann: Robust Results for Colina Lithium Project PEA, page-223

Revolutionary inverter technology leads the clean energy charge

True North increases silver metal at QLD's Vero deposit by 20%

Bitcoin: Current State of Play & Where to Next | Swyftx

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Emerald & Azure score Digger & Dealer awards

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Robust Results for Colina Lithium Project PEA, page-223

Top Stories

Revolutionary inverter technology leads the clean energy charge

True North increases silver metal at QLD's Vero deposit by 20%

Bitcoin: Current State of Play & Where to Next | Swyftx

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Emerald & Azure score Digger & Dealer awards

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News