LRS 9.09% 12.0¢ latin resources limited

LRS General Discussion, page-18417

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    I'm not much of a fan of any lithium in Aus (because of the costs) except for PLS (for transparency, I don't hold any PLS shares).

    LTR has spent $1bn on Capex just to get to first production - and I assume the likely estimate for WC8 would/will be similar (although we won't know till they release a JORC and then a PEA).

    Brazil is the best place for capital searching for hard rock lithium exposure, due to the clear support from government with permits but also because of the exceptionally cheap costs of constructing a mine and then operating one.

    If SC6 prices end up anywhere near $800/t - nothing in Australia except IGO (and maybe PLS) can make any money.
 
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