LRS 11.1% 16.0¢ latin resources limited

20m left and reduced cash burn as no further ongoing...

  1. 199 Posts.
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    20m left and reduced cash burn as no further ongoing exploration. We're well situated until they announce FID, we'll have answer on offtake shortly after DFS which is due this quarter.

    Previous 6 month cash burn on exploration activities was around 17m. So we are well positioned for the remainder of the year, fingers crossed we can spin out some of the other assets but this puts us in a very good position until future funding from offtake or debt facility.

    Happy with the quarterly, nothing negative at first glance IMO

    DYOR
 
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