LIN 0.00% 12.5¢ lindian resources limited

Ann: Update on Guinean Bauxite Infrastructure Solutions, page-40

  1. 765 Posts.
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    My thoughts on this is that they were stopped from releasing any substantial information as it is still being discussed and is not finalised.

    Im sure the ASX would not allow speculation or talks to be posted unless they are concrete as that could lead to massive volatility.

    I wish they would've just filed for a trade halt later or a longer suspension but im sure that would've given ammo to the downrampers here.

    I also feel Asimwe wanted this released to create excitement and he jumped the gun a bit but is to be expected.

    Also for those here that dont realise what a massive boon it is to have these talks with the govt please stop trading today in explorers.

    No govt is going to entertain any mining company just for any reason.

    My guess is a powerhouse is behind them.

    No matter how successful Asimwe is with explorers he needs one of the big boys to support him.

    Also the fact the government entertained the idea means they also see the potential in the resource and the value of LIN which is massive.

    Not to say this announcement didn't disappoint but being a holder for this long I have learnt to read between the lines.

    Doing your own research helps too. If it didn't I would've freaked out when it fell as my entry was 1.6 and I initially topped up at 2.9 before the covid crash.

    Instead I topped up an 1.1c all the way to 1.4 and am in the green massively now

    Again this is all IMO and I say DYOR

    Also learn about the industry you are investing in its the first time learning and being on a platform is making the users actual money.

 
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