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25.0¢ latin resources limited

Thanks mate. Good points, I'm still learning. I've only invested...

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nmhulse

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15/06/23

21:03

Post #: 68312084
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Originally posted by Cranium73: ↑

At the risk of stating the obvious....

Companies that are in the exploration phase need money to keep exploring until they make a discovery.... and after that, they need more money to sure up a resource and then conduct feasibility studies and so on ... and more money to expand the resource and so on.... and more money

In order to keep exploring and advancing they need money.Debt is generally not an alternative until DFS, offtakes etc.... so they raise capital by issuing new shares.... enter dilution.

The alternative to dilution is having no money and doing no exploration and never advancing.

Anyone investing in the early stages of the life of an exploration company should either be prepared for dilution or be prepared to lose their investment..... personally, I would prefer dilution.

Not being facetious or condescending... just realistic about the space we are in.

Good luck to us all.

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Thanks mate. Good points, I'm still learning. I've only invested in 1 exploration company years ago and they haven't been part of my strategy since then hence my questions.

LRS Price at posting: 20.0¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 25.0¢		Change 0.000(0.00%)		Mkt cap ! $699.8M

Open	High	Low	Value	Volume
24.5¢	26.5¢	24.5¢	$1.810M	7.087M

Buyers (Bids)

No.	Vol.	Price($)
8	268513	25.0¢

Sellers (Offers)

Price($)	Vol.	No.
25.5¢	75565	3

View Market Depth

No.	Vol.	Price($)
8	268513	0.250
14	418583	0.245
10	414688	0.240
11	641670	0.235
10	610581	0.230

Price($)	Vol.	No.
0.255	75565	3
0.260	161041	6
0.265	578771	15
0.270	878201	14
0.275	915972	8

Last trade - 16.10pm 29/05/2024 (20 minute delay)


Last 25.0¢			Change 0.000 ( 1.75 %)
Open	High		Low	Volume
25.0¢	26.5¢		25.0¢	2407011
Last updated 16.00pm 29/05/2024 ?

LRS (ASX) Chart