Updated Bell Potter report, maintaining their 40 cent price target (they use a $1,600/t SC6 price).
Unusually - they seem to be basing their 40 cent price target on a 30MT mining inventory. While we haven't released a Reserve yet, with 67MT in the M&I category, it seems highly likely the inventory will be closer to 50MT (or hgiher).
https://www.latinresources.com.au/wp-content/uploads/LRS-31052024.pdf
Bell Potter research report 40c, page-3
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Last
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $391.9M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 13.5¢ | $1.358M | 9.893M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 2098174 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 846365 | 11 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| LRS (ASX) Chart |