LIN 4.55% 11.5¢ lindian resources limited

Ann: LINDIAN RECEIVES COMMITMENTS FOR $35 MILLION PLACEMENT, page-48

  1. 4,518 Posts.
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    There were plenty of warnings that the MRE could be delayed. Buyers in the 40c range took a risk. You take a risk at ANY price paid.

    I expected the CR to be at a higher price. But I was not involved with negotiations or knew what investors were prepared to offer.

    You take it as it comes.

    I do not expect any of the Top 20 exiting. They visualise the future.
 
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