LIN 2.17% 11.3¢ lindian resources limited

Ann: LINDIAN SIGNS SUPPLY AGREEMENT FOR GUINEA BAUXITE, page-19

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    370m$au / year potential from the Bauxite with customer prepayments to cover development costs!

    Bauxite if it can generate some substantial free cash flow means that can potentially be used to help develop the rare earths project which also may get prepayments down the track once the MRE defined etc.

    Combine the two projects and some major revenue potential with minimal dilution to get there?

    I wonder what LIN should trade at based on AUD$370m/yr from the Bauxite alone when you consider marketcaps are many multiples of ebitda/revenues.
 
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