LNR 16.7% 0.4¢ lanthanein resources ltd

The Kalgoorlie Project, page-3

  1. 3,710 Posts.
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    Hi MrFan. HC usually quite strict with price prediction. Got to be careful how it's worded. I don't want anyone to take prediction advice and lose any money. In my opinion, if the first round of drill assays come back mimicking either HAS or DRE we will see our SP rocket over 15c very quickly. The reason I believe this is because the nearology and great results they are getting should indicate (with luck) what we will find also. The market will respond quickly IMO. If I get time over the weekend I want to put together a timeline for HAS and DRE and see how this will equate to our pending drill results. DRE will take another huge step on Monday if they have more good results. Their bids are mounting already. Im predicting they will hit 20+ in the short term. Remember they have 3x more shares floated than we do so that would be equal to 60c+ for LNR if we were to have the same success. Its harder to align with HAS as they are near to mining but if we were to develop a decent JORC which we could have by next year, as they are going to keep the drills turning, then Im sure the board will be looking to them for a JV. That's a whole new story and should pay off big if it happens. With only 2.5km from their pit it would be the perfect play IMO. I guess we will have to wait and see.

    GD
 
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