LRS latin resources limited

Who’s voting no to this deal?, page-19

  1. 9,066 Posts.
    lightbulb Created with Sketch. 582
    So that scared you did it. Brazil is a lot lower mining cost jurisdiction than MOST of the Australian mines to operate and including the Mt Caitlin mine as its operating costs are way too high for profits.

    Even if Salina wasnt palmed off and alternatives found would be a better way to go than play with this crappy underdevalued deal by PLS stealing us by stealth dragging the DD out for 6 mths when it looked like it was a point of no return to beat LRS into submission with the blessing of the BOD so they have an easy way out squirreled the deal so they can make heaps without losing a cent.

    Still NO for now till vote time.

 
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