LRS 2.63% 18.5¢ latin resources limited

I don't mind LRS investing small money on SLM, but I strongly...

  1. 654 Posts.
    lightbulb Created with Sketch. 224
    I don't mind LRS investing small money on SLM, but I strongly oppose LRS' time and resource spending on SLM projects.

    SLM's first holes look not bad comparing to LRS' first holes. But the different is still huge. The two LRS holes are 120m~170m deep, but both holes intercept 3 spod bearing pegs while SLM intercept only one with one hole reaching 161m deep. So the possbilities are totally different.
    https://hotcopper.com.au/data/attachments/5435/5435157-152254f41bfbce008878ffc8e895c07e.jpg

    And look at LRS #3, #4
    https://hotcopper.com.au/data/attachments/5435/5435183-939e0fa138a9056fdd4800644e77180b.jpg


    After yesterday's big crash, SLM might worth investing with small money. but I am not asking people to buy or sell it. I wish SLM holders good luck, but also hope LRS management team set up a management barrier. These two days SP change is a good lesson and warning for CG: One apple is nothing to a bunch, but one bad apple can spoil the whole bunch.

 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
(20min delay)
Last
18.5¢
Change
-0.005(2.63%)
Mkt cap ! $517.8M
Open High Low Value Volume
19.0¢ 19.0¢ 17.5¢ $2.039M 11.17M

Buyers (Bids)

No. Vol. Price($)
2 144143 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 2098329 16
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.