LRS 6.25% 17.0¢ latin resources limited

Excellent update , in my view the 5 biggest positives were. 1....

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  1. 4,994 Posts.
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    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 .
 
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Last
17.0¢
Change
0.010(6.25%)
Mkt cap ! $560.2M
Open High Low Value Volume
16.5¢ 17.0¢ 16.3¢ $449.2K 2.707M

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No. Vol. Price($)
6 316241 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 2141167 20
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Last trade - 16.10pm 02/12/2024 (20 minute delay) ?
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