Australia's largest stock trading and investment forum Australia's #1 stock forum

LRV

Click for more information

7.14%

10.5¢ larvotto resources limited

Ann: Notice of Annual General Meeting / Proxy Form, page-57

First 57 Last

Share
Profile

Follow
rojames

935 Posts.

19

30/05/23

10:35

Post #: 68029418
Share

Originally posted by ForeverNewbie: ↑

That is definitely not the game plan from management. Results have not been received. How would they know if they're good enough for the SP to run?

The SP could tank if we get dusters. Then we run the risk of having a CR at a cost lower than the last one with Waratah. Not a good look to run another CR, 9 months after the last and at a 30% discount to the previous one.

Management needs to provide direction of where the money is being spent before a CR should even be considered. Otherwise we are just cashburning and losing the appeal of a low SOI microcap stock. We have IPO'd and cap raised with no results for what we have IPO'd on.
Nor are we even drilling for any of it yet. The only thing is NZ and that is most likely the least on everyone's wish list.

This is plain and simple not good enough. The amount of excuses people are giving to talk themselves into management not being poor is crazy here. Only one thing has been delivered that has been put forward for the past 18 months.

Expand

Do they really care when there is news? They still get their overpaid salaries.

LRV Price at posting: 18.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

AML

Cultural heritage agreement puts Walford Creek exploration back on the map

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

STX

Strike Energy secures $153 million for Perth Basin gas projects

There are more pages in this discussion • 1 more message in this thread...

First 57 Last

Add LRV (ASX) to my watchlist

(20min delay)
Last 10.5¢		Change 0.007(7.14%)		Mkt cap ! $26.27M

Open	High	Low	Value	Volume
10.5¢	10.5¢	9.7¢	$50.02K	495.5K

Buyers (Bids)

No.	Vol.	Price($)
1	32931	9.7¢

Sellers (Offers)

Price($)	Vol.	No.
10.5¢	12000	1

View Market Depth

No.	Vol.	Price($)
1	32931	0.097
1	50000	0.096
3	110000	0.095
3	267000	0.094
1	200000	0.093

Price($)	Vol.	No.
0.105	12000	1
0.110	266786	4
0.115	10000	1
0.120	206000	2
0.125	135106	2

Last trade - 15.56pm 24/06/2024 (20 minute delay)

LRV (ASX) Chart