LRV 4.00% 39.0¢ larvotto resources limited

Ann: Multi high-grade Cu Rock Chip at Larvotto Mt Isa Project, page-47

  1. 1,273 Posts.
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    Gotta agree. Significant number of people heading for the door it seems. First day we're going to crack the 1m shares traded and its down 12% on news.

    Some big parcels getting dropped, would say quite a few people who jumped in on the hype are exiting at heavy losses.
    Pretty clear at least from Isa front. We still have a few more months of waiting before anything materialises.

    Its an unfortunate position to be in, next 4 weeks are going to be important:

    - NZ results are dusters we head back to 14c or NZ results are good, we could see a jump (unfortunately most people would take this as a chance to exit0
    - REE results are not ionic we head even lower (god forbid this is coupled with NZ dusters) / Comes back as ionic, would interest the market. Would then be back onto management to take action.
    - Eyre Li drilling, L1M seems to have had their heritage survey completed in a few weeks. Not sure why ours has taken 2 months.
    If drills a spinning, SP won'y go up but at least it'll be 2-3 months before a catalyst

    Amazing what 2 months can do to share sentiment. Unfortunately, this is now the third time this has happened for LRV
 
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38.5¢ 39.0¢ 38.5¢ $151.0K 390.2K

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1 11111 38.5¢
 

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