LRS

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14.5¢ latin resources limited

Well I just checked and Sigma, a producer, is down from ATH...

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25/06/24

00:18

Post #: 74469441
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Originally posted by dawgfather: ↑

I said a few weeks ago that sentiment was in the gutter. It's actually managed to go a level lower than that, whatever that is. Potential downside if LTR fails to secure it's funding and in general if PLS breaks the $3.1 level this week, the sector will follow.

The only companies that have managed to remain above their 52 week low from earlier this year are LRS, SGML, LTR, WR1, WC8, A11, SQM and BYD. At the same time there are now 16 companies that have made new 52 weeks in the last month, total massacre.

LRS needs the Sigma share price to hold up from here (we are tracking them very closely - we tend to trade at an average of 25% of SGML's market cap - which is where we closed on Friday. If Sigma goes lower, my assumption is that we will follow).

In terms of catalysts for LRS, there isn't much on the horizon for the next 4-6 weeks that I can see, except Planalto assays. I dont't expect to see the offtake and/or DFS until some time in August. One thing I've lost track of is the bulk MET test work - I think these have been underway - but not sure whether they are releasing these as a stand alone item or just within the DFS.

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Well I just checked and Sigma, a producer, is down from ATH approx 70% and LRS 58%.
Yep I'm convinced, someone here might be right there could be more pain before the gain. hmmm

LRS Price at posting: 17.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 14.5¢		Change 0.000(0.00%)		Mkt cap ! $405.9M

Open	High	Low	Value	Volume
14.0¢	14.5¢	13.5¢	$970.8K	6.877M

Buyers (Bids)

No.	Vol.	Price($)
6	664861	14.0¢

Sellers (Offers)

Price($)	Vol.	No.
14.5¢	165205	5

View Market Depth

No.	Vol.	Price($)
4	584518	0.140
22	2382895	0.135
39	3349206	0.130
17	1087041	0.125
18	1612064	0.120

Price($)	Vol.	No.
0.145	165205	5
0.150	693250	12
0.155	872605	8
0.160	831967	11
0.165	1143860	16

Last trade - 16.10pm 02/08/2024 (20 minute delay)

LRS (ASX) Chart

Well I just checked and Sigma, a producer, is down from ATH...

Westgold sets its sights on top five producer status through merger with Karora

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Venture to sniff out high-grade REE targets at Jupiter project, WA

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

GreenX picks up prospective copper project in Germany

Is oil undervalued?

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Well I just checked and Sigma, a producer, is down from ATH...

Top Stories

Westgold sets its sights on top five producer status through merger with Karora

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Venture to sniff out high-grade REE targets at Jupiter project, WA

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

GreenX picks up prospective copper project in Germany

Is oil undervalued?

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News