Understand that. I know in the short term the SP will suffer and the MC will increase making it harder to go for crazy runs.
However, I am pretty much now of the strategy to wait for the next pump to exit my positions.
Personally, I think Ron will put alot of effort into this project since there are more bigger players that are invested in the company.
So I can see an announcement going out in a year or so around getting to production that will spike the SP.
Will re-evaluate if Isa and Eyre comes back with something of significance but right now if we get another round of dusters. We will need to cap raise again at a heavy discount. It would also spell 5 drill campaigns were Ron has drilled in the wrong spot, which again puts more doubt into whether he will ever get anything out of the ground.
At least for this project, the work has been done for him already.
I did buy into LRV and LRVO knowing that it could be a unicorn event but 2 and half years of waiting and supporting Ron has gotten me -50% on both holdings.
I have lost faith in his ability to lead the company, so now all I can hope for is another fluff announcement that causes a pump for me to exit.
I think this new project will provide more opportunities for sed fluff announcement than the other projects. If we don't hit anything this time around, we will have another 6 months of silence and CR as well.
- Forums
- ASX - By Stock
- LRV
- Ann: Notice of Extraordinary General Meeting/Proxy Form
Ann: Notice of Extraordinary General Meeting/Proxy Form, page-66
-
-
- There are more pages in this discussion • 58 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LRV (ASX) to my watchlist
|
|||||
Last
37.0¢ |
Change
0.040(12.1%) |
Mkt cap ! $104.7M |
Open | High | Low | Value | Volume |
33.0¢ | 38.0¢ | 31.5¢ | $2.057M | 5.886M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 430189 | 36.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.5¢ | 63121 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 430189 | 0.365 |
4 | 254051 | 0.360 |
5 | 223449 | 0.355 |
7 | 85800 | 0.350 |
5 | 308047 | 0.345 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 97745 | 1 |
0.375 | 69890 | 3 |
0.380 | 136618 | 4 |
0.390 | 43260 | 5 |
0.395 | 81000 | 4 |
Last trade - 11.22am 22/08/2024 (20 minute delay) ? |
Featured News
LRV (ASX) Chart |