The real speculative cream on the cake would be the Fosterville analogue (rich in antimony near surface and richer in gold at depth) coming to even a near repeat - The Swan Zone at ~1,600m depth allowed them to produce 200k to 400k oz for several years at costs significantly below $1,000 per ounce.
Select intercepts at even shallow depths showing to be thick + v. high grade. Hopefully antimony does increase to the speculative figures of some analysts approaching $100k USD P/T in the medium term and sustains around those levels.
i haven't analysed LRV's other land holdings but with expanded and talented additions to the board, one can easily envisage Hillgrove being a sensational foundational asset allowing for cash flow for acquisitions of capital starved or otherwise unloved quality mine assets + mergers and traditional organic exploration of brown or greenfield opportunities and building this company into a diversified long life mid tier mining company.
GLTAH & IMO
LRV Price at posting:
75.5¢ Sentiment: Buy Disclosure: Not Held
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