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18.8¢ latin resources limited

Ann: Latin completes A$35M Capital Raising, page-25

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Minion32

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24/10/23

07:39

Post #: 70496227
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Originally posted by dawgfather: ↑

Nothing is ever a certainty (as we found out with the east tenement).

in relation to the land strategy comment from the CR, I am thinking that mgt must not be interested in buying out lithium ionic (it would likely take much more than $35m to take that tenement from them).

However the quantum of the CR (much of which will be expended on drilling, studies and working capital) is about the amount which I’m assuming may cover the cost of taking 830659/2018, because:

- All available docos online seems to indicate Slipstream is in administration
- Suggestions they’ve annoyed the wrong ppl at the governmental level
- Depending on who the vendor is (if we want the tenement, it might cost a few mil, given the tenement is abnormally large and is of strategic importance to us (it joins Fogs to Fogs East and it joins both these two back to Colina a few kilometres away in the north.

But again, trying to guess tenement transactions accurately is almost an impossibility.

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Yeah very hard to say - good logic dawg A transaction like that would trigger a big uptick in Enterprise Value (EV) and market confidence but also expectations of more / continuing deposits very interesting atm

LRS Price at posting: 25.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 18.8¢		Change -0.008(3.85%)		Mkt cap ! $517.8M

Open	High	Low	Value	Volume
19.5¢	19.8¢	18.0¢	$1.973M	10.64M

Buyers (Bids)

No.	Vol.	Price($)
28	1538257	18.5¢

Sellers (Offers)

Price($)	Vol.	No.
19.0¢	1163536	35

View Market Depth

No.	Vol.	Price($)
29	1809661	0.185
32	1209866	0.180
15	1815085	0.175
27	1447086	0.170
14	976455	0.165

Price($)	Vol.	No.
0.190	1163536	35
0.195	741669	15
0.200	838047	23
0.205	989912	14
0.210	509539	10

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