LRS 4.88% 21.5¢ latin resources limited

Ann: Another Significant Spodumene Discovery at Salinas, page-93

  1. 640 Posts.
    lightbulb Created with Sketch. 96
    I agree and i hope Latin makes it there. There are a couple of things that are concerning but. Ones is that explorers tend to over estimate their potential profits and underestimate their costs so the skinny margins could evaporate quick which is why it is lithium needs another boom cycle for more mines to be build - so the margins are fat and shareholders happy. Margins also have to cover the ongoing development amd expansion.
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.