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3.49%

20.8¢ latin resources limited

LRS chart, page-7125

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Ruperton

1,657 Posts.

345

19/01/24

21:56

Post #: 71972750
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Originally posted by dawgfather: ↑

Some of the sudden falls in the past 2 weeks have been investors suddenly realising their projects are no longer feasible at current prices (GL1) or that a key component of the investment thesis like being able to mine and sell DSO (DLI) is no longer economic.

PLS is going to come under huge attack when it's quarterly comes out (a $10.4bn mkt cap is going to be hard to sustain when you're making such relatively small profits for every tonne sold).

All of these narratives need to run their course before a bottom is found. At the very earliest this could be end of February (but I am starting to think that this timeframe may be wishful thinking and it might be more a cash of April / May before a bottom is found.

P.S. reference to the 'bottom' of the market also depends whether we are talking bottom of carb price/spod price/lithium equiities/negative sentiment etc

@10X Hunter

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what was the big drop in Latins price today about… geez I wonder… over a year worth of infill drilling and name plate in 2029 yay

Last edited by Ruperton: 19/01/24

LRS Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 20.8¢		Change -0.008(3.49%)		Mkt cap ! $595.3M

Open	High	Low	Value	Volume
21.5¢	21.5¢	20.5¢	$2.205M	10.44M

Buyers (Bids)

No.	Vol.	Price($)
1	2897	22.5¢

Sellers (Offers)

Price($)	Vol.	No.
20.0¢	1	1

View Market Depth

No.	Vol.	Price($)
1	2897	0.225
2	291242	0.220
3	2562	0.215
2	140466	0.210
5	794762	0.205

Price($)	Vol.	No.
0.195	30889	2
0.200	1	1
0.205	319973	4
0.210	644199	13
0.215	705350	11

Last trade - 15.59pm 04/10/2024 (20 minute delay)

LRS (ASX) Chart