LRS 3.33% 14.5¢ latin resources limited

I actually like the fact the next results haven't been released,...

  1. 72 Posts.
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    I actually like the fact the next results haven't been released, from the perspective that declaration of positive results would probably add significant value/price to the tenements we do not own, and are probably trying to acquire.

    Announcing before any acquisition, (or final offer) aimed at those tenements, would be handing the current operator, and any competitor a free appraisal, that they didn't pay for. Why would we want to jack up the price on something that we may want to buy ?

    Whilst news is always nice, I really do hope results are withheld until, all reasonable offers and attempts at acquiring the missing pieces of the corridor are completed. (Provide the results actually mean that we want it -- But that just feeds into the delay is good theory more)

    So the longer they are delayed, the better I think in this circumstance.... and the more likely in my opinion we will see both good results, and potentially land acquisition...
    Last edited by 20centbandit: 03/08/23
 
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