LRV larvotto resources limited

LRV MEETING UPDATE

  1. 2,631 Posts.
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    For those interested in what is happening but not released to market yet.

    The main questions I had for Ron was

    1. The Polarisation IP testing that was done over Clark’s Gully, this area was drilled so the test would have to be more accurate
    So I asked what was the outcome
    Was it successful and everything you hoped for
    Was it going to be used over the rest of the exploration areas we have
    Can it be used over our other projects

    So as expected Ron couldn’t comment about the specifics because they are building a report that will be announced shortly but he said he could say yes to all but it will be different for our other projects because it works differently with different minerals.

    I asked if we have bought boats yet and he was a bit confused at first the he realised I wanted upgrades on Mt ISA
    He said we are returning in a couple of weeks and mentioned that the last time we were there it rained a lot and they had to wind up early but are keen to get back to it.
    I think this could be huge if we have any success and Ron believes a producer close by maybe interested in producing what we have, that would be a great opportunity if it could all come together and see LRV propelled into a very different company, all majors started as juniors or got taken over

    The team felt bye the workers shares were put down it would make their job harder but I believe like many successful companies you pay the best more with cash to hold them so I assume that would be the avenue they might take though that comes from me not them.

    Nothing was mentioned about any other disappointment while some might think other that the way some have been complaining about things that are not in their control they said in all the years they have worked in the industry it is truly unbelievable.

    I would agree with that in just reading the rubbish posted here and why I almost didn’t feel like bothering with updates

    We are so close just be a bit patient and let them do their thing
 
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