LRV 0.00% 10.5¢ larvotto resources limited

$100 million MC on its way, page-1407

  1. 694 Posts.
    lightbulb Created with Sketch. 102
    Yeah plenty has changed.... good luck to the people buying at the moment. Compared to last few weeks, this is an exceptional buy in opportunity for people to bottom draw for a year or so.

    I think it's clear we just need FOCUS. We have the cash to fund quite a few more exploration programs. I think we just need to park Isa and NZ, get all effort and resources into Eyre. Ron should be in some kind of damage control mode right now, he's had his cash splash and delivered jack all. Time to zone in and stop spreading ourselves too thin.

    Isa is still highly prospective but I think this is just going to be a big cash burn before we ever see anything that builds value here -- yes probably not a problem if you're the MD earning a big salary, but it means pain for existing shareholders.

    Eyre has way too much nearology & proven commodities -- I think the probability of hitting huge value at Eyre is way higher than any other project at this point in the game.
 
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