The Rare Earths resource and Bauxite resources are all in place ready to be exploited. Local governments are supportive of development.
The quality of resources is outstanding.
Lindian management is active in developing these projects. The company has plenty of cash on hand and options in the money. No need for a CR for over twelve months.
The only downside which is apparent is the failure of large institutions and fund managers coming on board. This has adversely impacted the shareprice. However that leaves open for the possibility of either a JV partner or a project takeover IF the Chairman and his supporters are agreeable.
In the meantime shareholders have to put up with day traders destroying shareprice value.
September Trades, page-77
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $121.0M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 11.0¢ | 10.0¢ | $203.1K | 1.922M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 2191153 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 16067 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| LIN (ASX) Chart |