LRV 12.5% 13.5¢ larvotto resources limited

Ann: Transformational Acquisition Presentation, page-2

  1. 1,255 Posts.
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    Still having a read through but I had to chuckle at this bit here

    https://hotcopper.com.au/data/attachments/5668/5668450-3916eafdd22b542e8b3993fc73301d9a.jpg

    Clearly aimed at investors that haven't been around. Been waiting 6 months for these results.
    At least, he didn't tack on duster Eyre results onto the end of the presentation.

    Who knows, I know the feeling is Eyre results are dusters however, considering how many players are entering this investment. I am starting to hope that this was already on the table, while we were drilling. I'm sure the negotiations wouldn't have taken only 3-4 weeks.

    So there could even be the fairytale story of Eyre and Isa results pulling through with this investment as well.
    If that's the case the 2:1 shares would be a nice pick up.

    Have no doubt it'll be a violent day out there but looks, on the surface, to be a decent acquisition so far.
    Will continue to look at the finer details of the announcement now.

    Changed sentiment to hold
    Last edited by ForeverNewbie: 20/10/23
 
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