LRS 2.63% 19.5¢ latin resources limited

Highly overvalued, page-36

  1. 2,636 Posts.
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    I'd suggest (from a somewhat novice perspective) that the Lithium sector, more so those CO's nearing production, will experience an upturn in SP and sentiment sooner rather than later given TAW recent BOA announcement of $1000usd/t of spod. This amount will have a direct effect on the DFS of all up & comers and the NPV of the existing.

    I would also think that greater acceptance and acknowledgement of the Lithium sector will occur within a relatively short time period as the Major Car manufacturers ramp up marketing & marketing as a whole over the renewable energy "storage sector" increases and gains market & public acceptance. I believe it will be the marginal "high" spec stocks that will find it hard generating interest moving forward, especially with all the existing major miners ramping resource size and the large mines/operations that are bound for completion over the next 12mths.

    Exciting times.
    Last edited by Daripper: 22/04/17
 
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