LRV 0.00% 7.2¢ larvotto resources limited

No cross promotion intended here.For those who are invested in...

  1. 617 Posts.
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    No cross promotion intended here.

    For those who are invested in LRV for the Lithium aspect only, I would strongly recommend a thorough investigation of their Mt Isa tenure package.

    CNB with another stunning intersect this morning, for a complete Greenfield regional target in their Mt Isa portfolio.
    That's a number of tier 1 prospects from their Greater Duchess Project in Mt Isa that have delivered successful discoveries.

    It's amazing how one good hit can be absolutely transformational for a company.

    LRV being valued at 13mil @ 30c with $4mil cash.

    A sniff of sulphides similar to CNB and you're talking of reward multiples being 10-50x current valuations from their Mt Isa Project alone.

    Now add the Eyre Project in WA (Li, Ni, Cu, Co).

    How do we measure success in terms of the resource sector/explorers?
    In my eyes;
    > Exploration = A Process
    > Success = Adding resources to the book for the company
 
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