LRS 0.00% 23.5¢ latin resources limited

All of the good lithium stocks are rising today, as well as...

  1. 619 Posts.
    lightbulb Created with Sketch. 482
    All of the good lithium stocks are rising today, as well as companies with EV exposure.

    It's been a while coming and looks set to continue into next week as we see a rebalancing of spot price.

    As someone said yesterday about LRS after the PEA dropped, "fundamentally, the project has improved significantly. Then this morning people who aren't in the know have woken up to headlines saying LRS should be "among the lowest cost spodumene concentrate producers globally". The latter means we will have the ability to remain profitable during downturns in price, while producers higher up on the cost curve may be forced to mothball operations.

    Looking ahead ....

    Based on our Latin Resource's previous modus operandi where they released a string of good new in rapid succession, followed by weeks of silence, I wouldn't be surprised if they drop some positive drill results early next week.

 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
(20min delay)
Last
23.5¢
Change
0.000(0.00%)
Mkt cap ! $644.7M
Open High Low Value Volume
24.0¢ 24.0¢ 22.5¢ $1.918M 8.262M

Buyers (Bids)

No. Vol. Price($)
2 70000 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 258496 10
View Market Depth
Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
23.3¢
  Change
0.000 ( 2.19 %)
Open High Low Volume
23.5¢ 23.8¢ 22.5¢ 2253002
Last updated 15.59pm 06/05/2024 ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.