LRV 20.0% 12.0¢ larvotto resources limited

Hi guys just dragging some info over from our most recent update...

  1. 694 Posts.
    lightbulb Created with Sketch. 102
    Hi guys just dragging some info over from our most recent update into this thread. The latest ionic clay discovery has certainly got the ball rolling towards a decent market cap. For all the newbies coming in here i've put some info below to summarise where we are currently at.


    Quoted from lifegoals post in another thread;

    Quote -------------- " - mt isa copper update and drilling program coming soon
    - mt isa blue star drill results is expected to be received this week
    - nz gold drilling complete, update coming soon, last drill we were very close to the feeder, this could be a large resource of low grade gold
    - eyre, where do I start, lithium follow up RC drilling planning in progress, nickel/pge drilling coming soon along the jimberlana dyke - norcott (along the GAL's tenements),
    REE/Treo work to continue

    -$6.4m cash at bank
    - top 20 hold 60% including Waratah group which hold approx 12.5% of the company, directors hold a fair chunk as well
    - Waratah group invested early in SYA and CXO and look at them being a billion $$$ market cap company now

    this REE seems a company maker alone, so let there be light!!! " ----------------- Unquote

    So as you can see, we have so many highly prospective possibilities it is quite overwhelming. So far the market has only been introduced to 2 of these possibilities --
    1) Eyre Lithium -- very close to LTR's Buldania and already attracted significant international investment
    2) Merrivale Rare Earth -- World class grades of highly probably ionic clay. Could be a gamechanger and company maker as lifegoals mentioned

    LRV also has a huge highly prospective copper, gold & cobalt tenement package around Isa -- smack bang in the middle of these tenements is Aeris resources Barbara copper operation. With the demand of copper increasing in the future, finding a big discovery would be fantastic. We already have a known resource of 177,000t @ 2.31% cu (And wasn't further explored) at BlueStar that was discovered by MET in 2011. For reference CNB are exploring and finding copper right now -- (Current Mcap of $220m).

    NZ Gold is just a crazy cousin that just might be really good if we've found the gold feeder zone - Ron already completed an initial drill program here, and now the most recent one completed (waiting on results) was refined to targed the feeder source.

    A lot of work going on in a lot of highly prospective ground. I'm thinking $100m mcap could be just the beginning if any one of these projects start shaping up, let alone if multple projects start flying high.

    GLAH

 
watchlist Created with Sketch. Add LRV (ASX) to my watchlist
(20min delay)
Last
12.0¢
Change
0.020(20.0%)
Mkt cap ! $30.09M
Open High Low Value Volume
10.0¢ 13.5¢ 10.0¢ $489.1K 4.006M

Buyers (Bids)

No. Vol. Price($)
1 10000 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 103000 3
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
LRV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.