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An announcement from Larvotto Resources Limited ( (AU:LRV) ) is now available.
Larvotto Resources Limited has retracted an earlier erroneous filing regarding the cessation of securities, maintaining the validity of performance rights for a former director under their Long Term Incentive Plan. These performance rights are contingent upon specific milestones, such as completing a bankable feasibility study and securing significant funding for the Hillgrove Project, which could significantly impact the company’s development and financial strategy.
More about Larvotto Resources Limited
Larvotto Resources Limited (ASX:LRV) is involved in the exploration and development of mineral projects, focusing on gold, antimony, copper, cobalt, nickel, platinum group elements, and lithium. The company has several projects including the Hillgrove Gold-Antimony Project in New South Wales, the large Mt Isa copper, gold, and cobalt project in Queensland, the Eyre multi-metals and lithium project in Western Australia, and a gold exploration project in New Zealand. Larvotto’s board is composed of experienced professionals in exploration, corporate finance, ESG, and corporate culture.
YTD Price Performance: 42.42%
Average Trading Volume: 4,919,927
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$266.2M
Find detailed analytics on LRV stock on TipRanks’ Stock Analysis page.
