Australian (ASX) Stock Market Forum

LRV - Larvotto Resources

LRV is one of my picks in the 2025 Competition @mullokintyre . From the blurb on Commsec Larvotto Resources (ASX: LRV) is exploring its portfolio of projects including the Mt Isa copper, gold, and cobalt project adjacent to Mt Isa townsite in Qld, A gold exploration project at Ohakuri in New Zealand North Island and the Eyre multi-metals and lithium project located some 30km east of Norseman in WA.

i know v. little about it and bought it when @Dona Ferentes posted a chart on it which is one of my entry signals for a stock.
and today LRV has made a bit of a run, on no news, up 25 per cent

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Seemingly they are on to much Antimony which sounds like something they put in the chowder at Hogwarts and also Gold. It appears quite popular and I trust it goes to a $ before years end.

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Seemingly they are on to much Antimony which sounds like something they put in the chowder at Hogwarts and also Gold. It appears quite popular and I trust it goes to a $ before years end.

gg

From my earlier post LRV Share coming online its likely to drop into the 50's.
When it does and starts to turn I expect that will be the last time we see those prices on this stock - just my :2twocents
 
All the huffing and puffing has got me curious .
This just out , today .
 

Attachments

  • Company-Presentation---121-Mining.PDF
    3.9 MB · Views: 13
Was 60 cents just 5 days ago . Today , S.P. up 9 % to 84 cents . Volume was roughly 5 mill per day , now nearly double that . Market swamped with buyers ( 264 ) and only 67 sellers . Interesting one for antimony fans to watch over coming days .
 
LRV is one of my picks in the 2025 Competition @mullokintyre . I had a small bet on it and from the chart it would appear that I should have had a much bigger one. Higher highs with good volume on each move up out of a retracement appears text book for this little monster and may attract buylows to the stock. Lotsa green recently. It did have a wobble in December 24 from profit takers who had doubled their money in that calendar year but it appears to have recovered from that and is heading higher I would expect.

I haven't seen much on it in the media apart from it's price rise.

A chart.


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LRV is one of my picks in the 2025 Competition @mullokintyre . The chart has had a bit more red on it than I would like recently, the NSW Dept. of Doing Nothing has approved dry tailing at Hillgrove. Not much else to report. No info on yesterday on the chart. I can't see it was in a halt. Maybe an ASX glitch.

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getting on with the job...

Highlights
• Larvotto has purchased Echidna Gully, an established accommodation facility located near the Hillgrove Antimony-Gold Project
• The acquisition secures a quality accommodation option for the Hillgrove Mine workforce, serving as a central hub for camp operations and workforce support
• Larvotto anticipates growing its workforce significantly ahead of commencement of mining with a commitment to create employment opportunities for the local region

Terms of the Agreement
• $3m cash and
• Issue of 771,109 Larvotto ordinary shares, under Listing Rule 7.1, to the value of $600,000 (priced at $0.7781 per share 10-day VWAP, prior to completion).
 
Quite an impressive chart.
location is amazing ... just having a look on Maps...

Screenshot_20250318_114029_Maps~3.jpg

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Screenshot_20250318_114537_Maps~2.jpg

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The old mine is at the base of the gorge, itself the top end of Oxley Wild Rivers NP.

Armidale is about 25km to the west

I wonder how many other resources remain hidden under the landscape, this one only exposed by the gorge headwall eroding back?
 
LRV goes into the ASX 300 on the 24th.
Over 50% increase in volume today, insto's buying ??
Well picked up @Boggo . Thanks.

It does go up and down LRV. Instos possibly positioning for some weeks now.

Once it goes past $1.00 it will take more to push it down particularly if it's in the ASX 300. Although it lost nearly 50% between late October and and mid Dec 2024. A 6mo. chart.

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Fair bit of profit taking via CXA around 2 pm . 400,000 crossed , taking the S.P. down slightly from 95 cents to 90 .
To be expected , one would think after the good run up from 60 cents last week .
Roughly 10 mill per day then , half that now .
LRV worth watching , I think .
 
LRV is one of my picks in the 2025 competition. @mullokintyre

I sold my holding in LRV last weekend as the uptrend was broken and I also felt everything was going to go to sh*t with the crazy gang getting crazier in the White House.

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