Something which hasn't received a lot of attention recently is the fact that LRV has substantial tailings with average 1.6gt gold, plus stibnite and tungsten.
RVR never proceeded with separating out the tungsten, so it went into the tailings, and tungsten now commands very high prices ($45k/t+). It is quite feasible that re-processing the tailings with the tungsten circuit added could produce substantial income while they continue the deeper drilling, which appears to be achieving a similar pattern to Costerfield, where the deeper zones contain the highest gold grades.
Hillgrove alone makes this company a standout for me, and the other projects are icing on the Hillgrove cake.
Something which hasn't received a lot of attention recently is...
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10.0¢ |
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Mkt cap ! $25.02M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.8¢ | $34.82K | 349.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 2 | 122975 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 10.0¢ | 1972 | 1 |
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| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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10.5¢ |
Change
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| Open | High | Low | Volume | ||
| 10.0¢ | 10.5¢ | 9.9¢ | 148144 | ||
| Last updated 15.57pm 24/05/2024 ? | |||||
| LRV (ASX) Chart |