Excellent update , in my view the 5 biggest positives were.
1. Technology aspect of LRS is on track
2. Westminster is on track to add NTA to the stock
3. Guado looking to be sold in to a IPO similar to Westminster which will bring cash and a liquid asset for the millions invested in this project.
4. The JV on Lithium projects in Argentina are in demand as it suggests multiple levels of JV interest over what appears to be multiples leases in hot areas.
5. It is clear now the stock is not needing to issue new shares with several references to using existing cash to fund initiatives with multi cash on the way back with First Quantum , Westminster, and the potential JV.
Should be a very good 2018 as some of these initiatives land , we won't get back to 42 cents but certainly should end 2018 much higher than 2017 with all this upside .
- Forums
- ASX - By Stock
- LRS
- Ann: Update on Latin Resources Projects - Argentina and Peru
Ann: Update on Latin Resources Projects - Argentina and Peru, page-7
-
- There are more pages in this discussion • 97 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LRS (ASX) to my watchlist
(20min delay)
|
|||||
Last
20.0¢ |
Change
0.010(5.26%) |
Mkt cap ! $560.2M |
Open | High | Low | Value | Volume |
19.0¢ | 20.0¢ | 18.8¢ | $3.328M | 17.22M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 906298 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 1359434 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 215700 | 0.175 |
6 | 630000 | 0.170 |
7 | 1125150 | 0.165 |
8 | 1918920 | 0.160 |
10 | 651683 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 1869389 | 8 |
0.190 | 3947046 | 21 |
0.195 | 3325980 | 9 |
0.200 | 2906221 | 23 |
0.205 | 1881708 | 11 |
Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
LRS (ASX) Chart |