You bet we ARE !! The only JORC Antimony deposit to be brought...

You bet we ARE !! The only JORC Antimony deposit to be brought online into production in the next 15 months - Globally ?
Canadians would like Antimony as the US is looking for the same metal I guess.
Are Canadians trying to lock up LRV's Hillgrove Antimony deposit for the Western govt?
I think maybe that is why we have not heard about Wogen deal as yet...could be other interested parties in the nego ?

• Canadian insto builds stake in Aussie antimony explorer Larvotto

LARVOTTO RESOURCES (ASX:LRV)

The run in antimony stocks feels like it reaches fever pitch each day before somehow lifting higher like Beyoncé scaling the keys at the end ofLove on Top.

Soundalike Larvotto is front and centre, up more than 15% today after revealing a major buying spree from Canadian into 1832 asset management, which has picked up close to 16.5m shares on market since August 19.

Part of the Bank of Nova Scotia, the Canucks now control 5.31% of the stock, which is up a trippy 443% YTD. At a market cap of $118 million, the vast bulk of those gains have come since mid-August when the company was trading at just 15c.

It now sits at 38c. 1832 has dropped around $6 million on market since August 19, with its latest buy a lot of 1.08m shares at 36.76c on September 5 and the average sale price clocking in at around 36.5c.

Going the other way, market filings disclosed that Trafigura’s Urion Holdings has used the rise in the company’s share price to cash in, last month cutting its stake from 15.01% to 5.46%.

Larvotto recently commissioned a drill rig to start a second exploration program at its Hillgrove project in New South Wales, regarded as Australia’s largest accumulation of antimony.

5250m of drilling at the Clarks Gully deposit (measured and indicated resource of 266,000t at 3.8% antimony and 2g/t gold for 10.6g/t AuEq) will infill drilling to 20m to increase confidence and test a large geochemical anomaly to the south.

A recent PFS, dropped early last month, put a $73m price tag on restarting production at Hillgrove, where LRV is aiming to produce upwards of 80,000ozpa on a gold equivalent basis.

That included a 606,000oz AuEq reserve at 6g/t, though prices of both gold and antimony are now far higher on spot markets, thanks in no small part to export restrictions announced by dominant supplier of the tech and defence metal by China last month.

According to LRV, the project had a post tax NPV8 of $157m at US$2000/oz gold and US$15,000/t antimony prices, with a DFS now underway to target first product in early 2026.

Gold is now trading around US$2500/oz on spot with antimony up around US$24,000/t on the Chinese trade war jitters. At spot prices seen in early August, Hillgrove could deliver a post tax NPV8 of $383m and IRR of 114%.