LRS 0.00% 19.0¢ latin resources limited

Buy side has dropped off a decent bit, one would hope there...

  1. 909 Posts.
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    Buy side has dropped off a decent bit, one would hope there isn’t many traders left in or we could see a further slide this afternoon or next week.

    Fair value is an interesting guesstimate in the exploration space. I would speculate in saying that until we start drilling Maria (whenever that may be) and maybe get some decent samples back from our cobalt play we could be slightly over bought at present.
    Authough keeping in mind we have a poyential jv and offtake deal on the way but this could still be months away.
    Depending on who the prospective partners are fair value would likely be above 1.5c once that deal is done.
 
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