LRV larvotto resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-16

  1. 125 Posts.
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    Hi Tex3

    I completely agree! And it is evident by these ludicrous proposed performance rights (They should be set at the company hitting $800m MC and achieving deadlines)... I am not usually negative, BUT it's crazy that the DFS has been imminent for close to 4 months and 'isn't drastically different from the PFS'.

    I spoke to Ron at the RUI in Fremantle 18months-ish ago, and walked away thinking, "oh boy!?". He is in no rush, everything in his own time and had an bemusing arrogance for someone who hasn't really done much.

    I work for a drilling contractor and was talking to him about said company, he didn't like them & you wont guess the reason why... because they wanted to drill 24hrs per day to drill the project out (Not Hillgrove). Which meant he would need to put more people on. Which yes I get but also would shorten the program and in a sense overhead cost.

    That was the convo where I lost faith in him.

    The project on the other had is set to make us money, as long as these fellas can harness the opportunity. (Which I think my barber could do sadly).

    Gah, feeling frustrated.

    Regards,
    Fresh-fade Pratta
 
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