LIN 4.55% 11.5¢ lindian resources limited

Ann: Lindian Receives Commitments for $16 million in Placement, page-14

  1. 11,103 Posts.
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    I bought in on the placement - there is a chance this project could be huge. If/when I get a great price might just hold on to the options. 3 year options are very valuable in a project like this, as you get past many "binary points" with that sort of term. So I can imagine some punters flogging the heads for a "loss" even and keeping the tails. I'm a bit more patient, and can see this rebounding strongly once digestion has taken place.
 
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