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How Latin Resources Ltd's Share Price has Soared 400% in FY23? — ASX:LRS| ASX Mining News & Discussion
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Lykeshares Official
$LRS How Latin Resources Ltd's Share Price has Soared 400% in FY23?
Latin Resources Ltd (ASX:LRS) has emerged as a rising star among the listed mineral explorers and miners, showing significant growth and capturing investor attention. With its stock up 1.35% on Friday to 38 cents and a remarkable 29.3% increase over the past four weeks, Latin Resources has cemented its position as a top performer on the ASX. But what has been driving this surge in popularity?

The Turning Point: Salinas Lithium Project Announcement

In May, Latin Resources announced a major update on its flagship Salinas Lithium Project in Brazil, triggering a remarkable surge in its stock price. This announcement proved to be a decisive moment for the company, propelling it to new heights. By confirming the discovery of a "district scale lithium corridor" at the Salinas site in late June, Latin Resources further solidified its position in the lithium market.

Positive News Continues

This week, Latin Resources released its first price-sensitive announcement for FY24 ...
How Latin Resources Ltd's Share Price has Soared 400% in FY23?

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?