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66.5¢ larvotto resources limited

Lrv has 90,000 Antimony not 70,000

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kevin103

17,228 Posts.

3286

26/08/24

15:20

Post #: 75377129
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Originally posted by Evergrayeful: ↑

In April, Perpetua Resources (Nasdaq: PPTA) (TSX: PPTA) has received a letter of interest from the Export-Import Bank of the United States (EXIM) for a potential debt financing of up to $1.8 billion to help develop its proposed gold mine in northern Idaho.

Perpetua has gold and antimony. This is a massive amount for a mine that will go into commercial production in 2028 if not later. Perpetua has about 70,000 of antimony, similar to what LRV has got.

The US need antimony faster than 2028 - with under US$100m project finance, they can expedite antimony at Hillgrove.

The more I read about this, my conviction gets stronger! And, unlike Australia, getting mining approval in the US is very difficult and I think for the US to domestically produce antimony, it will take beyond 2028.

https://www.mining.com/perpetua-tapped-for-1-8-billion-loan-to-develop-gold-antimony-mine-in-idaho/

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Lrv has 90,000 Antimony not 70,000

LRV Price at posting: 33.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 66.5¢		Change 0.005(0.76%)		Mkt cap ! $213.0M

Open	High	Low	Value	Volume
67.0¢	68.0¢	63.5¢	$1.524M	2.318M

Buyers (Bids)

No.	Vol.	Price($)
3	38500	66.0¢

Sellers (Offers)

Price($)	Vol.	No.
66.5¢	14996	1

View Market Depth

No.	Vol.	Price($)
3	38500	0.660
1	16722	0.655
4	75849	0.650
2	21722	0.645
4	27822	0.640

Price($)	Vol.	No.
0.665	14996	1
0.675	33484	3
0.680	49236	4
0.685	25333	3
0.690	72163	7

Last trade - 16.10pm 05/11/2024 (20 minute delay)

LRV (ASX) Chart