Ann: A$35M capital raising to expedite lithium business - Brazil, page-99

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TheGoodNut

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14/04/22

16:38

Post #: 60861250
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Originally posted by Ritchiejc: ↑

You’re either down ramping or have no idea how CR Function and play out with sophisticated investors via broking firm. The money is getting used for immediate and a critical projects which will determine the potential significant increase the value of the company

I am a soph investor and have participated in CR'S and what you’re describing is not how it works and in the two I’ve participated in over the last 18 months in which only vague/approx guidance of what the money will be spent on provided to myself and the market, It comes down to an exercise of trust in the relationship With your broker.

why participate and sell out for a couple of pips if the logic says hang on a sec LRS might be at $.32-$.35 by June and who knows by end of year as they could well be sitting on a significant lithium deposit aside from all their other assets. so if I got a placement of 250 K for example at $.16 and I’m thinking jeez this could be at $.75 by December 1 or $35 - $40 cents in July For what reason would I want to exit at $.20 Or 22 or 25 in the next few weeks

And I’ll ask a question to anybody who reads his post should they wish to reply but I was thinking back to all CR announcements I’ve seen across all of the stocks I invest in over the last few years and I cannot recall a single CR announcement as good as this one... so the question is, can anyone think of CR announcement that they’ve seen that compares or is better than what we saw today?

so all the best with your plan and if what you’re saying is true bypass the market system and just contact Hartleys or whomever directly to see how many soph investors want to just part with their shares at the price you suggested without going through the pain of payment listing and sale.

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GL1's cr taken up by MIN is up there with the best

LRS Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 19.5¢		Change 0.000(0.00%)		Mkt cap ! $545.8M

Open	High	Low	Value	Volume
19.5¢	19.8¢	18.0¢	$2.554M	13.67M

Buyers (Bids)

No.	Vol.	Price($)
5	569827	18.5¢

Sellers (Offers)

Price($)	Vol.	No.
19.5¢	372862	6

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No.	Vol.	Price($)
5	569827	0.185
20	1500974	0.180
10	1435085	0.175
21	1294287	0.170
12	1120655	0.165

Price($)	Vol.	No.
0.195	372862	6
0.200	611789	15
0.205	833743	7
0.210	356651	7
0.215	138180	4

Last trade - 16.10pm 19/06/2024 (20 minute delay)

LRS (ASX) Chart

Ann: A$35M capital raising to expedite lithium business - Brazil, page-99

The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

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Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars

From the Floor question: "When will FEX start using rail to augment & de-risk their haulage solution?" | Fenix Resources

From the Floor question: "What is the focus of AL8 and how is management going to attract shareholders to the registry?" | Alderan Resources

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Ann: A$35M capital raising to expedite lithium business - Brazil, page-99

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The USA's dominance requires a domestic lithium supply chain. Chariot stands to benefit

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