LRV - Larvotto Resources

[Garpal Gumnut]

I’m unsure whether @peter2 is helping Mick out this month or not so I’ve included him in this post.

@mullokintyre LRV is one of my picks in the yearly comp. I sold it just before Trump had one of his cocaine enemas. Since fallen. LRV not Trump.

A chart.

gg

 

[Garpal Gumnut]

LRV is one of my picks in the 2025 Full Year Competition @mullokintyre . I sold out of this stock earlier in the year taking profits and surprisingly for me it has since retraced but appears to be making a recovery. It mines antimony which the major producer, China has embargoed recently in it's tiff with Trump. It also produces gold and has plans to mine and refine tungsten. All looks good for the short to medium term. I may have a look at it again, one of the benefits of being in ASF competitions, one looks at stocks out of one's orbit again and again. Antimony is used in old style batteries in ICE vehicles and solar storage and also in defence.

gg

 

[Dona Ferentes]

$0.725

TH for the purposes of considering, planning and executing a capital raising.

 

[Dona Ferentes]

$0.725

TH for the purposes of considering, planning and executing a capital raising.

$60 million Equity Raising
Successfully Completed​

Highlights
• $60 million equity raising completed by way of a two-tranche placement to Australian and international investors
• Approximately 88.2 million new fully paid ordinary shares in the Company will be issued at A$0.68 per share
• A$5 million Share Purchase Plan is offered to existing shareholders at the same price asthe placement
• Funds raised, together with the recently completed US$105 million Senior Secured Bond Issue, will be used to fully fund the capital expenditure and working capital requirements to commence operations at the Hillgrove Antimony Gold Mine in New South Wales

 

[Garpal Gumnut]

LRV is one of my picks in the 2025 Full Year Competition @mullokintyre . I sold out of this stock earlier in the year taking profits and surprisingly for me it has since retraced but appears to be making a recovery. It mines antimony which the major producer, China has embargoed recently in it's tiff with Trump. It also produces gold and has plans to mine and refine tungsten. All looks good for the short to medium term. I may have a look at it again, one of the benefits of being in ASF competitions, one looks at stocks out of one's orbit again and again. Antimony is used in old style batteries in ICE vehicles and solar storage and also in defence.

gg

LRV is oe of my picks in the 2025 Stock Comp @mullokintyre and @peter2 . Since then it has shown that well know charting pattern, "The Bride's Nightie". They may be coming down again. 0.60 appears to be a buy in point.

gg

 

[Boggo]

Pretty good summary of it's potential on this link.

LRV re Hillgrove

 

[Garpal Gumnut]

Pretty good summary of it's potential on this link.

LRV re Hillgrove

Thanks @Boggo . That interview from the Diggers and Dealers conference at Kalgoorlie gives a good summary of how the company sees this year and early next year panning out for this antimony outfit. It is one of my picks @mullokintyre and @peter2 in the 2025 Comp. The only thing that could put a spanner in the works would be poor exploration results going forward. the company is fully funded now for production. SP holds steady at 70c or thereabouts.

gg

 

[Dona Ferentes]

Highlights
• $10 million raised through the Share Purchase Plan at an issue price of $0.68 per share, following the successful $60 million institutional placement
• Funds to be used for pre-production capital works, mill expansion preparation and team recruitment
• Larvotto on track to commence production in Q2 2026