LRV 8.11% 34.0¢ larvotto resources limited

Ann: Hillgrove Gold-Antimony Project Pre-Feasibility Study, page-601

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  1. 2,580 Posts.
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    One of the highly attractive things about SXG is the tight register with low SOI, and the key shareholders have money to throw in to continue to expand the resource. Their strategy is grow grow grow and keep adding to the excitement, for which the share price follows if you find things.

    Our strategy is different - we're a half a step away from operating a mine and becoming the first in market with these volumes in Aus. We will look to expand, of course, but that drilling is mainly to underpin a share price growth which would in turn assist the raising of $79mil to fund a restart. Now, that money can come from anywhere of course.

    All in all, if one company is doing well I think it's highly likely that the other will follow. There's 2 antimony plays in this country (aside from pure spec startup explorers), and you don't have to be on the SXG or LRV bandwagon... you just need to be on the antimony bandwagon
 
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