Blue Ocean report

Blue Oceans has just come out with an updated price target of $1.90 from $1.60.

The report notes, "LRV is on the cusp of becoming the next ASX gold producer and one of the largest antimony producers globally. LRV is also likely to become the next ASX tungsten producer at a time of record tungsten prices."

The report maintains its BUY rating, with the price target increased to $1.90, reflecting updated commodity prices, value estimate for the tungsten flotation circuit and near-term production expectations.

View the full Research report:https://lnkd.in/emRHyrD2