LRS 1.25% 19.8¢ latin resources limited

Ann: Proactive Investors - Interview with C Gale, page-58

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  1. 4,994 Posts.
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    What value has everyone got on :

    (a)Iron Sands project that has has over $10m spent on it ?
    (b)Illo Copper under JV with First Quantum ?
    (c) Illo Copper projects proposed for sale ?
    (d) Lithium Projects ?
    (e) Graphite Projects ?
    (f) List Co ?

    I think the share price of 0.6 or a market cap of $12m is not putting a value per asset as it should and spinning off 1 or 2 is a good idea

    I have determined the sale prices as something like

    (A) $5m
    (B) $5m (Minimum I see this as the best potential asset of the lot)
    (C) $1m
    (D) $5m
    (E) $10m
    (F ) $1 m

    This total is $27 million , or a 1.2 cents share price

    so if 0.6 is the right price maybe the project for sale wont bring in that much asset value at all or I am putting to much value on a and b ???
 
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Last
19.8¢
Change
-0.003(1.25%)
Mkt cap ! $560.2M
Open High Low Value Volume
20.0¢ 20.5¢ 19.8¢ $1.565M 7.741M

Buyers (Bids)

No. Vol. Price($)
13 1731223 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 1163311 9
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