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R08

8,063 Posts.

1826

24/08/24

07:59

Post #: 75352798
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Originally posted by vmp: ↑

@R08 hope you’re well

All LRV’s peer SXG got are drill holes $540 mcap
LRV owns the biggest antimony deposit in AU, owns an existing mine that produced antimony for 30 years, curr LOM 7 years, and further tdrilling next week, needs only $75m spend to re-start the plant. Gold/antimony 50/50 volume but antimony is still increasing

Antimony fetching usd24k/t. Broker valuation is $465m or $1.50/share based on usd13,000/t, a good number of retail knew this off the mark valuation even without the broker’s. Sub notice also Ann’s after hours today

LRV is an entirely different outfit since acquisition of Hillgrove

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Hi VMP, nice to hear from you again.

Has been a big mover at large value. Have enjoyed the trade on it. You are likely long and I wish you well with your hold
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