LRS 5.26% 20.0¢ latin resources limited

LRS General Discussion, page-10644

  1. 9,881 Posts.
    lightbulb Created with Sketch. 5237
    I'd still like to see whether our remaining West holes have all hit pegs (and how thick) before I put any degree of confidence in my estimates, but as a short update to this previous post from April.

    I now don't see any scenario where tonnage is less than ~35MT (which I had listed as my base case last month).

    Also, I previously had ~50MT as my upper limit in an 'outperform' scenario. I've revised this to 54MT. To be clear - I don't think 54MT is likely, but it's at least within the realms of possibilities if:

    - All remaining Western holes make hits with average cumulative intersections of ~20m; and
    - Colina somehow manages to add an extra 4MT from in fill (to achieve a total 17.3MT)

    Not advice, just my own personal estimates.


    Last edited by dawgfather: 08/05/23
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
(20min delay)
Last
20.0¢
Change
0.010(5.26%)
Mkt cap ! $560.2M
Open High Low Value Volume
19.0¢ 20.0¢ 19.0¢ $1.823M 9.417M

Buyers (Bids)

No. Vol. Price($)
4 340001 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 1128040 15
View Market Depth
Last trade - 16.10pm 04/11/2024 (20 minute delay) ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.