LRV larvotto resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-61

  1. 4,742 Posts.
    lightbulb Created with Sketch. 1129
    this time next year we will be producing. if you can hold till then and prices of Sb stay high all will be rewarded. personally i do think LRV will survive till then as it's earnings next year will be huge. Does anybody see Sb prices dropping with no new metal coming on line for the next 4 years. LRV will be making $200 million a year plus conservatively in free cash flow. the only Sb mine in the world coming into production next 4 years is supposedly Stibnite and this mine sits under a lake and the Indian tribe in control of land do not want them to mine. If Trump loses control of congress which he will because of his stupid tarriffs then this mine IMO will be held up in court battles.

    https://hotcopper.com.au/data/attachments/6972/6972914-25f1c3f43d97001bf4bb594f2791ef58.jpg
 
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