LRS 2.63% 19.5¢ latin resources limited

Running Commentary On The Share Price, page-406

  1. 909 Posts.
    lightbulb Created with Sketch. 38
    How sure are you that drilling won’t cost $800K? I think the drilling quarter will be pretty close to 800K
    Read or re read the last quarterly mate, total estimated out goings for this quarter were estimated to be 785K. Thats 400K for exploration and 385K for staff and administration costs.

    With 900K left in the bank three weeks ago...

    I don’t know the weekly running costs of lrs but with supposed operational activity’s being prepared in Argentina as we speak I can’t see a drill program being started when there is forecast less than 100k left after this quarter let alone if any extra drilling costs arise.

    I have no doubt about where lithium is heading mate but take it from someone that’s been around this company for a while and don’t believe CG’s propaganda.

    As I said before Maria is already 13 months over due for drilling it’s a joke.
    Lithium is a good space to be in but lrs have none and in my opinion will be very very lucky to find any with the current management.
 
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