What other asx listed company with this low of a market cap and share price has;
- Existing mine and infrastructure - DFS completed - Financiers lined up and tendering to win the work - Line items already ordered to upgrade infrastructure - Accommodation owned by LRV and site located nearby - Extensive drill program ongoing - Experienced CEO with proven track record - Critical mineral that is extreme shortage - Mining within the next 12 months
Please feel free to add anymore if I haven’t covered already.
All of these other ‘peers’ on the ASX are no where near LRV and to get to it’s current level mentioned above would require hundreds of millions of dollars capital raise and share dilution.
Wake up to the current bargain that LRV is as this low of a share price and market cap won’t persist for too much longer.
GLTAH
LRV Price at posting:
64.5¢ Sentiment: Hold Disclosure: Held
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