LRS 2.17% 23.5¢ latin resources limited

LRS General Discussion, page-17499

  1. 1,043 Posts.
    lightbulb Created with Sketch. 269
    Excellent summary@Georgep3438 Thanks.

    Totally agree - there are so many positive aspects and limited red flags at the moment - finding a deposit like this is rare and even rarer to bring to production in 2 years - it will be profitable - here are some of my highlights:

    * low operating costs
    * single large pit with multiple lenses
    * extends to depth for future underground and life extension
    * excellent regional infrastructure and services*
    * regional government and community support
    * central to market(ish)
    * low CAPEX to pay off
    * technical processing risk reduced - simple flowsheet (this links to low CAPEX and OPEX)
    * central processing facility for future extensions and satellite pits
    * professional transition to development and production
    * excellent prospects for future exploration success
    * cashflow to generate growth and sustainability

    The next couple of years will be exciting I feel

    Cheers and good luck all long term holders

 
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