Key Henry Jennings notes:
1. Nasdaq opening had the Governer (Premier) of the state at it and CG is in contact with him - very confident no issues in Brazil as a jurisdiction.
2. CG says we have same culture as Brazil. 3 B's. Beach Beer BBQ.
3. Bullish on how quickly Sigma got construction done, 18 months form environmental approval to first ore shipped. $130 million USD Capex stage 1. 3 month payback.
4. Agenda for LRS - PEA sometime in September, a lot of drilling to come up, 45mt will grow towards end of the year.
5. Very possible to emulate Sigma he belives, especially if new areas come up.
6. Aiming for approved to go by December 2024, constrcution 1st quarter 2025, first production June 2026.
7. He sees further demand for Li over next 2-3 years but notes can't control price but optimistic on outlook.
8. We will take Brazil to number 3 producer in the world.
9. Peru been drilled and working on that and may be a JV.
10. Confirms spining out Cloud 9 to a new entity and working with some university, didn't say IPO, may spin it out by sounds of it internally preparing something.
That was about it, nothing ground breaking but sounds confident and we just need to see the news come through now. He can't say too much but he did not see ultra bullish on assays but people need to realise also it can be a long game, and once Colina is up and running we can locate and pick off new areas across the vast ground so it will come eventually IMO.
- Forums
- ASX - By Stock
- LRS
- On the couch talk
On the couch talk, page-2
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LRS (ASX) to my watchlist
|
|||||
Last
17.0¢ |
Change
-0.010(5.56%) |
Mkt cap ! $475.9M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 16.5¢ | $1.608M | 9.399M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 2237794 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 250000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 2220673 | 0.165 |
21 | 1498818 | 0.160 |
7 | 720812 | 0.155 |
19 | 872117 | 0.150 |
4 | 730000 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 673776 | 7 |
0.180 | 915872 | 7 |
0.185 | 817682 | 12 |
0.190 | 702951 | 11 |
0.195 | 396592 | 6 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
LRS (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online