LRS 0.00% 21.0¢ latin resources limited

Redcloud increases LRS price target from $0.70 to $1.35

  1. 76 Posts.
    lightbulb Created with Sketch. 21
    What an enjoyable read that was
  2. 188 Posts.
    lightbulb Created with Sketch. 71
    Red Cloud are very generous.

    Or maybe they are evaluating based on the entire reserve and not to the 26MT that the PEA is based on.

    This might be the case too with the other brokers being conservative and only basing their brokers reports on 26MT and not the full 45MT+

    Blows my mind that all the articles written aren't adding that point of the PEA based only on 26MT. That would definitely be a big increase in $$$ value and interest from others with a lower cost cost to build a mine compared to other lithium miners and a 7 month payback.

 
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