LRS 4.88% 21.5¢ latin resources limited

I had a chat with Mitch regarding current offer from Pilbara.I...

  1. 2,191 Posts.
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    I had a chat with Mitch regarding current offer from Pilbara.


    I ask five questions regarding to release ASX

    1. Is Latin resources will be releasing off take agreements?

    A - No as per current offer by PLS they wouldn’t.


    2. Is Latin resources will be releasing DFS?

    A- Not sure at this stage!

    3. Is Latin resources will be releasing Planalto MRE!

    A- Yes not sure when!

    4. Is Board where aware about Pilbara DD from last 6 months?

    A- Yes as a part of ASX guidances Latin resources can’t disclose until Pilbara finalise the offer.

    5. Is Latin resources will be demerger other assets apart from Salina?


    A- Yes prior to complete of scheme not sure how they will do it.


    Now I am curious how this will turnaround from here seems from current lithium market and sentiment most of producers are selling at losses.



    Last edited by Bullish786: 19/08/24
 
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