LRV 13.0% 60.0¢ larvotto resources limited

Ann: Larvotto Resources Limited Price - Volume Movement, page-21

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  1. vmp
    13,575 Posts.
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    Thanks for sharing.

    ““On August 5, it (Larvotto) announced a pre-feasibility study saying that for capex (capital expenditure) of $73m, it could achieve 80,000 ounces (oz) per annum of AuEq (gold equivalent) product (41,000oz per annum gold and 5400 tonnes per annum of antimony concentrates),” analyst Warwick Grigor said.”




    Bought LRV a few hundred grand a while back for lithium, and I’ve written it off prior to their acquiring the Hillgrove project. great to see it’s back in action. These numbers indicate this has a very good potential for dollar sign . And capex is minimal in the scheme of things. With a path to production. With price of gold and sb, shouldn’t be a prob obtaining funding
    Last edited by vmp: 19/08/24
 
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