LIN 4.76% 11.0¢ lindian resources limited

Ann: Phase 1 Metallurgy Gravity Test-work Delivers 60% REO Grade, page-55

  1. 7,844 Posts.
    lightbulb Created with Sketch. 1124
    This week could be the news of more assays

    The market can no longer use any reason other than sovereign risk to price this company in line ( at worst ) with ARU or ARU is at least 80% overvalued

    LIN is the only REE-listed small cap company that will be producing next year and in monster product a couple of years later.. with the product likely pre-sold years in advance.

    1000m DD likely underway this week as well, as soon as the drill hits ( if the drill ) pay at depth this stock will likely go into TH and if so should see it multi rapidly.

    the only other excuse for the stock not rerate to a minimum of ARU would be future deals for the small amount of funding required for production and vendors already in place???


 
watchlist Created with Sketch. Add LIN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.