LRV 27.0% 40.0¢ larvotto resources limited

Extremely Undervalued - Rerate coming, page-123

  1. 2,843 Posts.
    lightbulb Created with Sketch. 1371
    Mate pull your head in. Either add to the conversation or don't, but don't act like you know better, because you're really showing you're in way over your head and simply playing on investors with your misinformation.

    That report is not misleading in the slightest. The date of the report was 21st June, where the Sb spot price was $16,000. In their workings they used $13,000. They didn't hide this fact they they were using discounted prices. Tell me again how you have a financial background?

    https://hotcopper.com.au/data/attachments/6404/6404660-ff4ec6faffed702b3e33724f229c2550.jpg

    Then in the PFS that was released 5th August, LRV even uses $15,000 as a base case scenario, while the spot price was at $23,000.

    https://hotcopper.com.au/data/attachments/6404/6404733-ce670fd65540d1bd1625bfa5e356626b.jpg
    https://hotcopper.com.au/data/attachments/6404/6404750-0ad0e51c2310e310a1db443f47a57c61.jpg

    If you don't like the content of the report released by Blue Ocean, that's completely fine - but don't sit there talking about their figures being misleading just because they didn't use figures from 2 months into the future.

    "It’s easy buddy, put me on ignore."

    No only the worst of the worst go on ignore. Someone has to be around to keep people in check.

    GLTA.
 
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