China antimony export ban in 2 days.
We’ll wake up Monday morning and sb customers relying on China are on rude awakening
All eyes on LRV being the only world class western mine to come on line near term
LRV’s share price rose 300% since chinas announcement. And that despite LRV’s production not until 12 more months. The true value is therefore not based on china’s ann or any analausts target…..
What will the actual 15/9 ban do?
analysts valuing us 1/3 of peers that don’t even produce in 4 years
does that mean these peers worth $600m and $850m mcaps are worth zero?
if they’re worth acc to their actual mcap, why should Lrv be worth 1/3?
if they should be worth half of their mcap, why should lrv be worth only 80c.
These analysts are like thermometers, they adjust daily the gauge up and down depending on the morning, afternoon and night temperatures. Sometimes they don’t wish to guess the temperature then report mumbo jumbo. insane. It’s like architects who study design for 5 years and all they come up with are houses like shoe boxes
In short we just owe it to ourselves to look closely at Hillgrove’s future and make an informed decision. Understand that less than 5% of explorers make a discovery and less than 5% can reach production, that’s what Lrv says it will achieve in one year.
understand also that not all deposits discovered can be mined within 10 years or will never be mined for various reasons such as due to corruption, community opposition, lack of water to support mining and so on
Okkkkkk back to watching the game 1832 is playing ………..
DYOR
![]()
- Forums
- ASX - By Stock
- $1 party
China antimony export ban in 2 days. We’ll wake up Monday...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LRV (ASX) to my watchlist
|
|||||
Last
38.5¢ |
Change
0.010(2.67%) |
Mkt cap ! $119.3M |
Open | High | Low | Value | Volume |
38.5¢ | 40.0¢ | 38.5¢ | $759.3K | 1.948M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 51491 | 38.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.0¢ | 9000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 31491 | 0.385 |
7 | 134414 | 0.380 |
6 | 87644 | 0.375 |
4 | 255126 | 0.370 |
2 | 27326 | 0.365 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 9000 | 1 |
0.395 | 53731 | 3 |
0.400 | 302702 | 8 |
0.405 | 39658 | 2 |
0.410 | 124730 | 4 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
Featured News
LRV (ASX) Chart |