LRS 2.63% 18.5¢ latin resources limited

Who’s voting no to this deal?, page-24

  1. 9,885 Posts.
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    Anything is possible but there is a ready made example of what happens when lithium developers try to force themselves towards production without adequate funding - GLN.

    Its a complete basket case and now relying on fortnightly ATM raises for working capital.

    Maybe they’ll eventually get it over the line, but there’s probably just as much chance they don’t, or that they have to suffer some awful deal along the way.


 
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