LRV 0.00% 10.0¢ larvotto resources limited

$100 million MC on its way, page-18

  1. 2,732 Posts.
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    Our EM survey around the jimberlana dyke shows alot of red, highly magnetic hits too.. with LRV timing is everything, if they can use the initial IPO money, provide shareholder value (currently up 50ish%) to drill the ground and provide positive drill results, the low liquidity will make the price absolutely FLY, at that point any future capital raise you can raise $20m for less than 50m shares keeping SOI low and meaning future investors will be trying to get their hands on a small number of shares not in the hands of sophs, just look at the crazy runs undertaken by NVX and VUL with low SOI
 
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