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2.50%

19.5¢ latin resources limited

-One very important point to note is strip ratio directly...

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84

29/09/23

06:17

Post #: 70086731
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Originally posted by dazzler: ↑

the Latin interview video and the money miners video provide interesting context as follows

- lithium price if $1699 long term seems about right certainly less than ALB are using to value LTR

- Nice conservative numbers in the discount rate of 8% and also in assuming all product will ship to China

- Strip ratio expected to come down as it assumes no pockets of minerals in areas they are still drilling they don't expect that to be the case which will improve strip margin ratio

- the ramp up plan is also a bit fictitious based on how the ASX restricts ratio of Jorc to inferred resource as they continue to drill it out they expect to get to full production earlier

- very sure DFS will look substantial difference should have early income plans via offset, reduced stripy ratio via drilling more release of mining plan as they firm up resource increasing what can go into the DFS

As money miners conclude the costs could blow out but with a 7 months pay back even as it is they are going to make a shit load of money

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-One very important point to note is strip ratio directly controls the COST FIGURES.
As the strip ratio comes down, the cost would come down improving the whole project and NPV.

LRS Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 19.5¢		Change -0.005(2.50%)		Mkt cap ! $545.8M

Open	High	Low	Value	Volume
19.5¢	20.0¢	19.0¢	$3.350M	17.25M

Buyers (Bids)

No.	Vol.	Price($)
22	2489697	19.0¢

Sellers (Offers)

Price($)	Vol.	No.
19.5¢	91622	2

View Market Depth

No.	Vol.	Price($)
4	280000	0.195
16	2241168	0.190
16	2495459	0.185
20	2180306	0.180
20	2387929	0.175

Price($)	Vol.	No.
0.185	11953	1
0.190	662745	1
0.195	124173	6
0.200	2803151	20
0.205	3830049	19

Last trade - 16.10pm 02/09/2024 (20 minute delay)

LRS (ASX) Chart