LRV 10.6% 36.5¢ larvotto resources limited

Ann: Hillgrove Gold-Antimony Project Pre-Feasibility Study, page-634

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  1. 1,371 Posts.
    lightbulb Created with Sketch. 69
    Also, if Gold was basically free at 23.5k Antimony, then it's well into -ve cost at 25.1k
    Not sure of exact number but probably equivalent to 44.1k ounces 'free gold' at $3900 AUD by now.
    =172M profit per annum.

    Current M/Cap @ circa 100M

    Could plant be upgraded after year 1 to increase output 50% to 150k ounces equivalent?
 
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