LRS chart, page-3033

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noobofwallstreet

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23/03/22

19:14

Post #: 60378652
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Originally posted by Emerger8: ↑

Yes I am predicting more news this week also.

LKE, our neighbours in Argentina are booming along. Years ago we were in advance of them in the drilling stage and we proved the lithium in our tenement was also leading into theirs.

They would refer to our good news during their announcements. They kept drilling when we stopped.

As long term holders know, we are right next door with a proven resource just requiring further drilling towards a JORC. We have a bigger land holding than them.

Their market cap is now $2.27bill compared to our $93mill.

Im not complaining as we are now moving along nicely, but people open your eyes to the potential of LRS. Based on. LKE we could be a multi $billion company, granted they are further along the line now towards production.

Our closest comparison to the WA project is ADN at $580mill. Again our resources are whiter brighter and larger quantity. Yes they are slightly further alone the line towards production, but ours is easily accessible, has available infrastructure to port and now potential off take agreements when the current discussions finalise.

Our Brazilian comparison has been LTR at $4.4bill
Can we not see that LRS is huge and has massive potential to be all three of these companies at once, or we sell one off to fund the others.

I believe CG’s strategy to buy multiple projects, which are all now showing are producer viable has been outstanding. We can easily be a world class lithium producer fully funded by the sale of other projects. Alternatively funded by our partner in Argentina (Integra) who have a 10% interest to see the company reaches its full potential.

Any one of our projects could also be the target of an acquisition to cover different company or country demands, such as what we saw China do recently.

Then we remind ourselves of the copper, gold, titanium and mineral sands projects we own.

Seriously, I’m scratching my head when people are worried about a pip or two, wait until we reach similar prices to LKE and the share price is going up 14.5c in a day.

I believe this is huge. I already hold a decent parcel but I would be buying more if I had more funds available.

Just my thoughts, do your own research.

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LKE has been going mental, didn’t realise it was our neighbour!

Damn, how bullish.

LRS Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 19.8¢		Change 0.008(3.95%)		Mkt cap ! $559.8M

Open	High	Low	Value	Volume
19.0¢	20.0¢	18.5¢	$3.091M	16.02M

Buyers (Bids)

No.	Vol.	Price($)
36	3367692	19.5¢

Sellers (Offers)

Price($)	Vol.	No.
20.0¢	7426076	88

View Market Depth

No.	Vol.	Price($)
33	2065536	0.195
27	4514208	0.190
29	4888223	0.185
34	5383355	0.180
33	4579896	0.175

Price($)	Vol.	No.
0.200	6425989	88
0.205	3535533	31
0.210	1448424	27
0.215	2117496	11
0.220	3072601	22

Last trade - 13.55pm 21/08/2024 (20 minute delay)

LRS (ASX) Chart

LRS chart, page-3033

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LRS chart, page-3033

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