LRS 9.78% 25.3¢ latin resources limited

This price we are at now 22cents approx. is same price just...

  1. 79 Posts.
    lightbulb Created with Sketch. 45
    This price we are at now 22cents approx. is same price just before the big news on the 20th June. That was date of the 241% increase announcement taking LRS to 43 cents approx. in 13 days. 5 months later we are worth on paper 550mil less. 46% down approx. Hard to fathom why we are here again at this price as LRS have announced more hits since 20th June & hinted at interested offtake partners and presented the PEA all based on a very conservative almost unrealistic sell price.

    Soon, potentially 3.4 x 26mt Li to be announced than the PEA of 26mt. I'm wondering what the price would get to if they did announce they now have 90mt in this current Macro climate. Anyone? Has to be above 75 cents is my guess less share dilution.

    Just like Game stop - I'm not selling! But big diff, our fundamentals are solid & regardless of news or lack of until the DFS. Investors must get bored, ADHD or something & can't cope with the silence & sell. Great movie BTW, "Dumb Money". My point being, unless you bought under 10 cents & need the coin for something else desperately, I can't understand why there are sellers pre DFS. My point being, this has to go North on DFS news in Dec from what they are hinting is in the ground.

    The whole market needs a whiff of confidence at the moment.


 
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Last
25.3¢
Change
0.023(9.78%)
Mkt cap ! $686.8M
Open High Low Value Volume
23.5¢ 25.8¢ 23.5¢ $1.890M 7.634M

Buyers (Bids)

No. Vol. Price($)
39 524914 25.0¢
 

Sellers (Offers)

Price($) Vol. No.
25.5¢ 1519583 12
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Last trade - 13.12pm 17/05/2024 (20 minute delay) ?
Last
25.3¢
  Change
0.023 ( 7.81 %)
Open High Low Volume
23.8¢ 25.5¢ 23.8¢ 2933027
Last updated 13.29pm 17/05/2024 ?
LRS (ASX) Chart
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