LRS 11.1% 16.0¢ latin resources limited

Approx $5m went out the door extra to what I had anticipated for...

  1. 8,244 Posts.
    lightbulb Created with Sketch. 2921
    Approx $5m went out the door extra to what I had anticipated for the quarter, this is pretty much due to the Pan Alto campaign I would imagine as its more than I had anticipated with the collar detail.. Let's see if it is worth spending the money now rather than wait until up and running. Normally I am keen on building the resource when rigs are there, its cheaper and we keep resource momentum.

    Unfortunately in the current climate I am not sure will add much to the SP.

    Keep in mind they do not report trade payables in quarterlies. I hope this has dropped also considering the cash flow out.

    I still think Exploration & Evaluation will be decent $$$ as these studies and reports are not cheap to complete.

    Good to see the lower strip ratio was highlighted In the presentation as I mentioned a few days ago.

    https://hotcopper.com.au/data/attachments/6350/6350509-3243485b1b7ee5d13e042a20b96748bc.jpg





    Last edited by GARETH78: 31/07/24
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
(20min delay)
Last
16.0¢
Change
-0.020(11.1%)
Mkt cap ! $447.9M
Open High Low Value Volume
17.5¢ 17.8¢ 16.0¢ $4.686M 27.80M

Buyers (Bids)

No. Vol. Price($)
9 2472953 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 1202344 3
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.