LRV 45.8% 10.5¢ larvotto resources limited

Hi Trade4Profit88I think I speak for most folk here when I say...

  1. 117 Posts.
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    Hi Trade4Profit88

    I think I speak for most folk here when I say you sound like a broken record.

    Personally, I understand your concern regarding the cap raise for Hillgrove, but to be honest paying ~$3m for an asset that has proven reserves is a no brainer ($5m relates to environmental bonds) - said asset also has an operational processing facility. If you were to go to the local tip and scrap all the metal in the processing facility they would give you more than $3m.

    Fast forward 2 years and I think we will all say Hillgrove acquisition was a good decision.

    Regarding your silly meme above, we are awaiting results... the drilling has happened so not sure what more attention you want Ron/LRV team to be giving the sites? Go and pull out the weeds? Yes the results could have come back sooner and I have also been critical of the delay, BUT Hillgrove clearly took precedent due to the sensitive time constraints.

    Shareholders are in a way being taken care of with also being offered 2:1 at 7c - I'd also rather the drill results were released prior to this raise, but it is what it is.

    Please dial down your whining, your making this thread unbearable.

    Regarding,
    Life&Lemons Pratta
 
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