LRS 8.00% 23.0¢ latin resources limited

Sometimes I feel like the price may continue to fall re Lithium....

  1. 79 Posts.
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    Sometimes I feel like the price may continue to fall re Lithium. Be like realising your father is Dath Vader- noooo, it can't be true!!

    However, articles keep popping up indicating otherwise. I seriously do not know what to believe anymore.

    I think, patience is the key here.

    https://unauthorised investment advice/resources/sprott-looks-like-its-going-long-on-lithium-miners-and-heres-whos-leapt-ahead-this-year/

    & it mentions LRs in the article.

    Latin Resources (ASX:LRS)has a nearly 18% holding in Solis and is up 245% YTD, over 500% over the course of FY23.

    The $900 million capped LRS increased the resource at its Colina prospect by 241% in June to 45.2Mt at 1.34% Li2O, including measured and indicated resources of 30.2Mt at 1.4% Li2O.

    Bolstering its case that it could become a project developer is the successful construction and move to operations this year of TSX-V listed Sigma Lithium at the Grota Do Cirilo mine, expected to eventually be a more than 500,000tpa spodumene producer with scale comparisons to the WA giants.

    Last edited by Risklevelchancy: 29/08/23
 
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