LRS 1.92% 26.5¢ latin resources limited

Given that we’re not that far from production, given the known...

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    Given that we’re not that far from production, given the known Sigma template, it would appear to me that we are worth more in terms of P/NAV ratio than the 0.22 it was at sp 20c as at the date of the report (0.264 now at sp 24c). That recent Bell Potter sp 37c analysis discounted their NAV by 55%.

    It seems to me we have room to move higher yet although of course it won’t be in a straight line as it’ll become overbought chart-wise before much longer and need to consolidate.



    https://hotcopper.com.au/data/attachments/5372/5372924-57a4c226998552d13067adcae9c2e5fb.jpg
 
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