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19.5¢ latin resources limited

Yeah very hard to say - good logic dawg:) A transaction like...

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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 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

View Market Depth

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)

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