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Latitude66 Limited’s KSB Project Shows Economic Promise Amid Funding Uncertainties

Story Highlights
  • Latitude66 Limited has conducted a Scoping Study for its KSB Project to produce gold and cobalt.
  • The project is economically viable but faces uncertainties regarding funding availability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Latitude66 Limited’s KSB Project Shows Economic Promise Amid Funding Uncertainties

An update from DiscovEx Resources Limited ( (AU:LAT) ) is now available.

Latitude66 Limited, operating in the mining industry, focuses on developing mineral resources, particularly gold and cobalt. The company has conducted a Scoping Study for its KSB Project, which involves constructing an open cut mine and processing facility to produce gold doré and cobalt concentrate. The study suggests the project is economically viable, though it is based on preliminary assessments and requires further exploration and evaluation. Latitude66 faces uncertainties regarding the availability of funding, which may impact the project’s development and ownership structure.

More about DiscovEx Resources Limited

YTD Price Performance: 71.05%

Average Trading Volume: 157,359

Technical Sentiment Signal: Buy

Current Market Cap: A$11.62M

See more insights into LAT stock on TipRanks’ Stock Analysis page.

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