LRV

0.00%

11.5¢ larvotto resources limited

Ann: Lithium Targets in Larvottos WA Exploration Plans, page-80

First 80 Last

Share
Profile

Follow
mhkforevermci

3,108 Posts.

232

03/02/22

01:19

Post #: 59316015
Share

Originally posted by wenty: ↑

for me the equation is pretty simple:

LRV is a $12mil MC company with $4.5mil cash for an EV of $7.5mil.

They have nearology to CNB’s recent copper discovery, which could potentially be one of the biggest Australian copper discoveries in recent times. LRV has historical trench results of 15m @ 6.6% Cu and 10m @ 5.6% Cu. Early exploration at LRV’s copper project underway.

They also have nearology to LTR’s Buldania Lithium deposit. As we know, lithium is the current market darling. Look at SHH for example: they mention lithium prospects next to Buldania and their SP increases 118% in one day, with their MC jumping up to $25mil. LRV’s land is closer to Buldania yet SHH MC is now double ours as a result of their lithium announcement (tells me LRV is flying under the radar). early lithium exploration currently underway.

It is tough to find a cheap lithium company at the moment, such is the bullishness of the sector.

I jumped into CHR at 21.5c when it first listed due to its lithium nearology to CXO, and it went past $1 the other day without even drilling a hole.

I jumped into A8G at 36c as a result of its lithium nearology to CXO, it ended up going passed 90c without drilling a hole.

I jumped into MRR at 3.5c as a result of it making lithium acquisitions, the SP doubled without them even drilling a hole.

LRV is a company with lithium and Mt Isa copper. It’s got plenty of cash to explore, and it’s only $12mil MC. If SHH can get to $25mil MC off their Buldania nearology, then given LRV is closer, LRV should be able to reach $25mil too (double the current SP). And that’s MINIMUM. That’s not factoring in our copper which is the most exciting project. CNB currently 20,000m RC drilling underway. They keep hitting amazing results then it should have a positive affect for us and others in the region.

LRV has two projects in the right places at the right time. The upside is huge for such a low MC and EV.

thats why I’m here

IMO

GLTAH

Expand

LRV's copper above CPM which is above CNB (and HMX)!

LRV's lithium closer to LTR than SHH!

LRV Price at posting: 22.0¢ Sentiment: Hold Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

RHK

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

MIN

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

MND

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

IGO

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

ASX Market Open: ASX200 to rise for Friday session | July 26

HRZ

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

NVA

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Nine's staff strike as Paris Olympic coverage begins

There are more pages in this discussion • 138 more messages in this thread...

First 80 Last

Add LRV (ASX) to my watchlist

(20min delay)
Last 11.5¢		Change 0.000(0.00%)		Mkt cap ! $34.31M

Open	High	Low	Value	Volume
11.5¢	12.0¢	11.5¢	$50.35K	434.3K

Buyers (Bids)

No.	Vol.	Price($)
1	24735	11.5¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	396313	2

View Market Depth

No.	Vol.	Price($)
1	24735	0.115
8	1614427	0.110
10	759304	0.105
16	1002030	0.100
1	17000	0.099

Price($)	Vol.	No.
0.120	100000	1
0.125	725000	5
0.130	816000	5
0.135	233000	2
0.140	478104	3

Last trade - 16.10pm 26/07/2024 (20 minute delay)

LRV (ASX) Chart

Ann: Lithium Targets in Larvottos WA Exploration Plans, page-80

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

ASX Market Open: ASX200 to rise for Friday session | July 26

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Nine's staff strike as Paris Olympic coverage begins

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Lithium Targets in Larvottos WA Exploration Plans, page-80

Top Stories

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

ASX Market Open: ASX200 to rise for Friday session | July 26

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Nine's staff strike as Paris Olympic coverage begins

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News