LRS 2.17% 22.5¢ latin resources limited

Sorry, but LRS and LTR has one thing in common. Hard Rock. Thats...

  1. 8,309 Posts.
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    Sorry, but LRS and LTR has one thing in common. Hard Rock. Thats pretty much where it ends.

    Some LTR holders are trying to peer comparison against PLS also, only 2 things in common. Hard Rock and in WA. Thats where it ends.

    - Location
    - Opex & Energy Costs
    - Ore Body make up
    - Flow sheet simplicity
    - Type of Mine (Open Pit / Underground)
    - Ownership structure (Sub holders etc)
    - Debt
    - Off taker make up

    etc etc etc

    I actually think LRS is holding up fairly well at its current MC

    My biggest concern is we don't sell ourselves too cheaply to the potential off takers.

    Patience is key and if it means production is pushed a little further down the road (last 2026 / 2027) then so b it if you want to extract the best value.

 
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