LRS 9.68% 17.0¢ latin resources limited

Ann: Trading Halt, page-88

  1. 1,678 Posts.
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    We all knew that a raise would be needed at some stage (although most of us weren’t expecting it this early)

    Doing a CR now makes sense to me as it will allow management to keep advancing in leaps and bounds.
    i personally don’t see the point in stretching cash out to delay the inevitable….

    if you look at the current SP (near our 6 month low) And look at what happened to the SP when we spiked over 20c and raised at 18c…
    doing a raise now and imo, is the best move for long term shareholders.

    Good luck all, this will all be a thing of the past in a few months time and it will be one less thing to worry about.

    Pensive.
 
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