LRS 5.00% 19.0¢ latin resources limited

Running Commentary On The Share Price, page-365

  1. 527 Posts.
    lightbulb Created with Sketch. 5
    all these information below are based on the last few statements, FYI.

    Licence Option Agreement for Patented Lithium Extraction Technology in Argentina
    The company announced that it has secured the first option to acquire on an exclusive basis the license of the patented technology from the University of Cuyo in Mendoza Argentina for commercial use and exploitation in Argentina, Australia, China, Canada and the USA.
    Importantly, the Technology was developed at the UnCuyo University using lithium spodumene samples from the San Luis province of Argentina. The Technology would therefore prove to be highly valuable to Latin if proven successful at a scalable size as Latin controls a large number of concessions that host lithium spodumene pegmatites in the San Luis province.

    as stated in Dec ann, this will be commenced in January 2018,
    “IF PROVEN SUCCESSFUL” -----------------how much it will be factored in sp?

    Maria Del Huerto EIR Issued
    LRS has received the environmental approval which allows the drilling program to commence
    The company is targeting a JORC resource in June, 2018
    -----------------how much it will be factored in sp?(even CG delayed again and again but we will achieve it eventually)
    Drilling to commence in the second week of February as promised

    Westminster Resources Peru Copper asset sale finished
    Based on the current share price of WMR of CAD$0.345 the sale transaction has a total value of more than AUD$6.8 million comprising AUD$6.5 million in shares and USD$250k in cash.

    Ten New Exploration Concession Applications Submitted
    Prospective free ground in San Luis identified by satellite remote sensing and ground truthing
    Ten new concession applications totalling over 76,000 hectares have been submitted
    Total San Luis concession applications under 100% Latin Resources control is now over 101,000 hectares


    Geminis Final Agreement Signed
    The Final Agreement with the owners of the Geminis Mine and Don Gregorio exploration concessions has been signed enabling the pathway to 100% LRS ownership

    Guadalupito Project (could happen any time)

    as stated in Dec ann,Latin Resources has entered into preliminary discussions with a private company based in Vancouver, Canada to assist in selling its Guadalupito Mineral sands project in Peru, South America---------------------how much it will be factored in sp if successful?

    Joint Venture and Offtake Negotiations (could happen any time)
    as stated in Dec ann, the Company advises that negotiations are continuing with progress being made to agree suitable terms on a JV and an offtake agreement. -----------------how much it will be factored in sp if successful?


    And as a junior Lithium explorer (maybe shouldn’t called it junior), LRS owes 101450 hectares of exploration concessions in Argentina
    , don’t forget CG will be presenting a speech in Hongkong facing a lot of international investors in early April, I bet CG will start digging harder and harder to get more concrete stuff as many as he can so he will be better prepared for the annual conference meeting to attract more funding through any sorts of cooperation.


    What you think our share price will be in April or later this year?
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
(20min delay)
Last
19.0¢
Change
-0.010(5.00%)
Mkt cap ! $560.2M
Open High Low Value Volume
20.0¢ 20.5¢ 19.0¢ $2.883M 14.53M

Buyers (Bids)

No. Vol. Price($)
7 818306 19.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.5¢ 604771 6
View Market Depth
Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.