Thing is. Antimony price is at 23.5k. The feasibility study is done with a tiling price at circa 11k. Doesn’t matter the reasons , but it has shed a focus on antimony stocks , which LRV has benefitted
Your concerns are definitely real and relevant. And the market has factored in the risks that LRV has - management risk; risk of China reversing the ban, risk of everything involved. Which is why it is not currently at 300M mcap.
You can take a view that it’s overpriced, and short this stock. We are all in here to make a buck and you’re welcome to have your views.
Ann: Change in substantial holding, page-18
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Last
37.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $116.2M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 37.8¢ | 36.5¢ | $443.1K | 1.196M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 130000 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 156519 | 4 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| LRV (ASX) Chart |