LRS 5.88% 16.0¢ latin resources limited

I think your entry time is good Bailey ,if you are a long term...

  1. 230 Posts.
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    I think your entry time is good Bailey ,if you are a long term investor.

    LRS is heading towards a Tier 1 asset (100MT), but the price of Lithium has been beaten down
    over the last year ,taking all lithium miners down, including Latin with it, however ,that will recover over the next 2 years.

    So that is a good time to buy ,also Latin's costs are lower than many others, and they are in a friendly
    mining jurisdiction.

    When prices are low ,the high cost producers cut back, or go onto C&M, but Latin is not one of them.

    They have a DFS coming out soon ,and some offtake agreements too.

    I think the patient will do well here.

    Read up on their announcements over the last 12 months, and follow Dawgfather on here ,as he is the
    Latin Resources Godfather )

    Good Luck!!


 
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Last
16.0¢
Change
-0.010(5.88%)
Mkt cap ! $447.9M
Open High Low Value Volume
16.5¢ 17.0¢ 15.3¢ $4.057M 25.53M

Buyers (Bids)

No. Vol. Price($)
2 57544 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 1758406 21
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Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
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