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7.59%

36.5¢ larvotto resources limited

I hope your not a long term holder hoping to get your money...

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1,373 Posts.

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26/08/24

15:27

Post #: 75377266
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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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I hope your not a long term holder hoping to get your money back, you only have another $40.00 US to go

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

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(20min delay)
Last 36.5¢		Change -0.030(7.59%)		Mkt cap ! $113.1M

Open	High	Low	Value	Volume
39.5¢	40.0¢	36.0¢	$1.273M	3.409M

Buyers (Bids)

No.	Vol.	Price($)
12	225371	36.0¢

Sellers (Offers)

Price($)	Vol.	No.
37.0¢	96947	7

View Market Depth

No.	Vol.	Price($)
3	68709	0.365
12	239011	0.360
9	111866	0.355
13	288182	0.350
7	111136	0.345

Price($)	Vol.	No.
0.370	96947	7
0.375	54169	4
0.380	70000	2
0.385	109360	3
0.390	25000	1

Last trade - 14.59pm 03/10/2024 (20 minute delay)

LRV (ASX) Chart