LRS 3.13% 15.5¢ latin resources limited

LRS chart, page-6660

  1. 5,598 Posts.
    lightbulb Created with Sketch. 1262
    I want to buy one or two of the 3 After doing some research on
    LTR, VUL, LRS
    I have come to think LRS will give me more bang for buck from now till 2026 on which cash will be coming in from the mine Production.
    I have watched the webinar from 4 months ago and a recent video that come out 3 weeks ago.
    My only thing is in last video it was said they were going to speak to people with expression of interest in October
    (Which is now) he did say there was 23 of interest and then another 2 to make it 25 of interest but I'm pretty sure he was saying for the $200 million-$250 million that is needed for the offtake, or for debt to build the plant.
    Is that correct because we are in October and now potentially $30mill is being raised.
    He did say they were looking into the $200 mill around June but it will be mostly debt/off take.
    And in old video he did say how god is sigma and that they are a $6 billion Canadian mine and think we could be similar so if converted to AU that's close to $7 billl currently shares on issue over 2.6bill if you round that to 3 billion shares which will be most probably by then the SP should be close to $2.33 range give or take depending the resource.
    So am I missing anything either way good or bad before I pull the pin as I think I will this week.
    Thanks in advance
 
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Last
15.5¢
Change
-0.005(3.13%)
Mkt cap ! $433.9M
Open High Low Value Volume
15.5¢ 16.5¢ 15.3¢ $1.819M 11.57M

Buyers (Bids)

No. Vol. Price($)
17 1362632 15.5¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 40000 1
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Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
LRS (ASX) Chart
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