LRS 5.56% 17.0¢ latin resources limited

Yes, its a patient game, but these stocks can re-rate quickly....

  1. 1,099 Posts.
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    Yes, its a patient game, but these stocks can re-rate quickly.
    LRS with MC of <$70m at current SP, given the resource they have their foot on, its just a matter of time.
    I will buy more every half cent under 5c, should sellers push it further.
    Given the ferocious demand for what they are going to eventually pull out of the ground, its a silly sell down here.
    The depth, and location of the resource is better than the competition out there in another state, albeit they are a little more advanced.
    I was in the other stock that shall remain nameless, and bailed at 36.5c when I saw the increase in online chatter, it got ahead of itself and attracted an unsavoury element, a sign for me to exit.
    I look minimum 6 months into the future when I invest in something like this, short term SP movement only provides opportunity for me should it dip from here. DYOR and GLTAH.

 
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Last
17.0¢
Change
-0.010(5.56%)
Mkt cap ! $475.9M
Open High Low Value Volume
18.0¢ 18.0¢ 16.5¢ $1.608M 9.399M

Buyers (Bids)

No. Vol. Price($)
26 2237794 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 250000 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
LRS (ASX) Chart
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