LRS 7.00% 23.3¢ latin resources limited

Sigma has a new IR presentation on their website.Only time for a...

  1. 9,299 Posts.
    lightbulb Created with Sketch. 4679
    Sigma has a new IR presentation on their website.

    Only time for a quick read but some major news (unless I missed something last time).

    - Now saying they will only produce 270ktpa in 2024. Won't be getting near 500ktpa until 2025 now and no indication on the previously announced 700ktpa production.
    - Only $30m cash end of September 2023 - no wonder shorts are all over it


    The good news for LRS is that Sigma seems to be confirming that you can produce very high grade DMS only spod at pretty much the lowest cost of anywhere in the world. The presentation is claiming only $445 FOB as their Q4 estimate - which (if true) would seem to confirm why the market is still valuing LRS so highly compare to others around the world


    https://ir.sigmalithiumresources.com/wp-content/uploads/2024/02/2024-2-5-Sigma-Lithium-Corporate-Presentation-V11.pdf
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
(20min delay)
Last
23.3¢
Change
-0.018(7.00%)
Mkt cap ! $665.8M
Open High Low Value Volume
24.5¢ 24.5¢ 22.5¢ $1.885M 8.100M

Buyers (Bids)

No. Vol. Price($)
2 18186 25.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 129605 1
View Market Depth
Last trade - 15.59pm 16/05/2024 (20 minute delay) ?
Last
23.3¢
  Change
-0.018 ( 5.33 %)
Open High Low Volume
24.0¢ 24.0¢ 22.8¢ 4910895
Last updated 15.59pm 16/05/2024 ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.