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16.0¢ latin resources limited

I actually think time has shown that decent lithium finds in...

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RockstarJones

13,593 Posts.

462

22/05/23

13:47

Post #: 67897331
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Originally posted by Zedted: ↑

One of the issues is, now that everyone is exploring, turns out that Lithium is not as rare as once thought. Timing is everything in this game. As the late great Kenny Rogers said, ya gotta know when to hold ‘em, know when to fold em. I think anyone investing in Lithium needs to stay aware of when supply and demand are optimal. I’m invested heavily in lithium in my superannuation and have made some really good gains, but we need to be smart about it. Time to production is everything. Some of the big finds now may not achieve great prices in production if/when the pendulum swings and production is higher than demand. We probably won’t achieve the same highs as those of a similar size that went before us but I think management understands the importance of reaching production asap.

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I actually think time has shown that decent lithium finds in good jurisdictions are as rare as hens teeth.

LRS Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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Last 16.0¢		Change -0.010(5.88%)		Mkt cap ! $447.9M

Open	High	Low	Value	Volume
16.5¢	17.0¢	15.3¢	$4.057M	25.53M

Buyers (Bids)

No.	Vol.	Price($)
2	57544	16.0¢

Sellers (Offers)

Price($)	Vol.	No.
16.5¢	1758406	21

View Market Depth

No.	Vol.	Price($)
2	57544	0.160
16	962992	0.155
82	4846237	0.150
19	1503674	0.145
30	2240777	0.140

Price($)	Vol.	No.
0.165	1758406	21
0.170	1893915	31
0.175	1532403	21
0.180	1273692	14
0.185	1247200	20

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