The Javier Milei Presidential win could be very good news for LRS. Milei is right wing and unconventional. He is a former Professor of Economics and determined to reform the Argentinian economy. Argentina is an economic cot case with 140% inflation. He plans to 'destroy' the bureaucracy and make the country more business like. He is going to adopt the US dollar as the unit of currency. In particualr he has pledged to support the extractive industries - especially Lithium. LRS is well set up to resume full scale exploration at Catamarca. This election result could be monumental for Argentina. The people have had a guts full of the corruption and economic mismanagement and are fully supportive of the eccentric Milei. I think this bodes well for LRS and Catamara could in time rival the Brazilian operation.
LRS General Discussion, page-15064
Add LRS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.3¢ |
Change
0.003(1.25%) |
Mkt cap ! $560.2M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.3¢ | 19.5¢ | $2.540M | 12.72M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 853764 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 2978967 | 30 |
View Market Depth
| Last trade - 13.36pm 05/11/2024 (20 minute delay) ? |
| LRS (ASX) Chart |