I think $1billion market cap is easily justifiable based on the current MRE if you compare it with Sigma’s valuation, of course they are already a producer now. Of course, the blue sky potential is that they could increase the current MRE by 50-100% with additional drilling.
Latin Resources Target Price Raised 80% to A$0.45/Share by Canaccord Genuity, page-17
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $468.9M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.5¢ | $2.986M | 17.62M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 2252763 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 823359 | 54 |
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| Last trade - 13.02pm 12/07/2024 (20 minute delay) ? |
| LRS (ASX) Chart |