LRV 5.13% 41.0¢ larvotto resources limited

Ann: Notice of Extraordinary General Meeting/Proxy Form, page-19

  1. 10,328 Posts.
    lightbulb Created with Sketch. 707
    well, before the offical announcement is out, I research the project based on RVR's past announcements and their plan was to restart the underground mining operation with 30k-50k oz Au production, so I assume we purchase it to continue the same path, so with potential short to mid term revenue then its worth the risk of given away ~50% ownership, but this is not the case, and more shares will be issued early next year (in Q1) thats for sure. So, I don't see the benefit of acquiring this project. we are already suffering from slow progress of the two projects, why add another one in?
 
watchlist Created with Sketch. Add LRV (ASX) to my watchlist
(20min delay)
Last
41.0¢
Change
0.020(5.13%)
Mkt cap ! $127.0M
Open High Low Value Volume
39.5¢ 42.0¢ 39.0¢ $2.594M 6.392M

Buyers (Bids)

No. Vol. Price($)
3 315916 40.5¢
 

Sellers (Offers)

Price($) Vol. No.
41.0¢ 40545 1
View Market Depth
Last trade - 16.10pm 10/09/2024 (20 minute delay) ?
LRV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.