LRS 5.88% 16.0¢ latin resources limited

''Drilling in Weeks'', page-26

  1. R08
    7,798 Posts.
    lightbulb Created with Sketch. 1815
    I did stew for a while....must admit, was a touch embarrassed to respond to such garbage. Matched the hatch, as they say.

    Now, to matters LRS....
    Yes Argentina is (imminent) exciting ! I hold here, but larger holder with our JV partner for Argentina / Peru partnership in PLP. There is a hell of a lot of confidence around the grounds and their respective holding grades. Bots have been involved in both stocks in recent times with cappers finalising the equation for the accumulators.

    Once leases granted and drill starts returning some results - anything averaging widths and grades of >10m - 20m @ >1.5% -2% LiO2, open both ends will see a dramatic SP re rate. High grades on narrow lineages are uneconomical and will not be supported in the market.

    Our JV chiefs are very, very optimistic....we await the approvals.
 
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