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10.9%

57.5¢ larvotto resources limited

Ann: Change in substantial holding, page-123

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Tcb007

20,934 Posts.

2746

29/08/24

18:31

Post #: 75441540
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Originally posted by Trade4Profit88 ↑

evidences shows that this was going to be capped at 15c or lower, only because of China announced Antimony export control then price has been pumped up higher, when the hype cool down, it would pull back to around 20-24.5c, that is the two 61.8fib from 1. ATL and 2. beginning of current rise, and this will give us MC of $61m - $75m. base cast NPV is around $157m, after adjusting 35% accuracy then lowest NPV could be valued at $102.05m, with 16m-24m to go before production, I think it is reasonable to value it at 70-90% of NPV, so worst case at 70% of $102.05m that is $71.435m M/C which is within the two fib range I mentioned above.

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Why such a massive difference in market caps between LRV and SXG?

Apply the same figures on SXG and what market cap do you come up with? It put on $60m cap today - make sense of that.

LRV Price at posting: 36.0¢ Sentiment: Buy Disclosure: Not Held
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(20min delay)
Last 57.5¢		Change -0.070(10.9%)		Mkt cap ! $191.3M

Open	High	Low	Value	Volume
61.0¢	62.0¢	57.0¢	$3.773M	6.356M

Buyers (Bids)

No.	Vol.	Price($)
6	69267	57.5¢

Sellers (Offers)

Price($)	Vol.	No.
58.5¢	4000	1

View Market Depth

No.	Vol.	Price($)
6	69267	0.575
4	115770	0.570
2	32770	0.565
2	31698	0.560
1	200000	0.555

Price($)	Vol.	No.
0.585	4000	1
0.595	48917	3
0.600	59628	4
0.605	76961	2
0.610	15050	1

Last trade - 16.10pm 07/11/2024 (20 minute delay)

LRV (ASX) Chart