LRV larvotto resources limited

Monty made an good post below on another thread.I think there...

  1. 34 Posts.
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    Monty made an good post below on another thread.

    I think there are some articles to be posted

    Thank you for posting this broker report on US ANTIMONY that is very interesting in that the broker refers to:

    ■ need for USAMY & DOD to secure LT antimony supplies from allied nations.
    ■ long term price forecasts of US$15 to USD17 per pound

    Both these observations are extremely positive for LRV and its immediate and longer term valuation potential.

    The broker's price forecast for ANTIMONY in METRIC TERMS are in a range of USD 33,000 to USD 37,500 per tonne (2,205 pounds weight to a tonne).

    The broker also saying its ANTIMONY price forecasts may prove conservative.

    ........

    A USA news article posted by Wishlist a short while ago specifically refers to LRV as a critical source of antimony.

    USAMY and LRV offtake is plausible and comparison of the market valuation of PPTA to LRV suggests that LRV is substantially undervalued at AUD 0.60 versus comparison of ~ AUD 3.00 for PPTA.
    ........

    LRV is in pole position to deliver on its huge potential at HILLGROVE ... fasten your seat belts ... LRV will be 1st across the line with new ANTIMONY supply in the Western World.

    AIMHO, DYOR & GLTAH.
 
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