LRS 2.94% 17.5¢ latin resources limited

This is also my view - SGML is either severely undervalued or...

  1. 9,509 Posts.
    lightbulb Created with Sketch. 4901
    This is also my view - SGML is either severely undervalued or LTR significantly overvalued (or a mixture).

    Production forecasts for both are slightly vague but if we take the most likely outcome for 2025, it looks like SGML will produce roughly 500Ktpa while LTR will be around 450ktpa.

    Cost wise it’s hard to compare but I think almost everybody expects Sigma to be a lower cost producer.

    If all of the above is true, then Sigmas market cap relative to LTR makes no sense. Especially given LTR still hasn’t shown whether it can even hit name plate in its first year.
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
(20min delay)
Last
17.5¢
Change
0.005(2.94%)
Mkt cap ! $489.8M
Open High Low Value Volume
18.0¢ 19.0¢ 17.5¢ $2.704M 14.85M

Buyers (Bids)

No. Vol. Price($)
19 1820585 17.5¢
 

Sellers (Offers)

Price($) Vol. No.
18.0¢ 704912 10
View Market Depth
Last trade - 16.10pm 02/07/2024 (20 minute delay) ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.