LIN lindian resources limited

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Alexandria07

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15/03/24

13:38

Post #: 72905574
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Originally posted by 2ic ↑

its just my concern and explanation as to why LIN is selling off more than expected despite RE bear market... if no CR was required. I posted earlier detailed maths on the sort of equity requirement they might have depending on capex, vredit offerings etc. I don't know anything for sure... so what is your explanation?

A$15m for final vendor payment, plus Mar Qtr spend leaves zero cash for Capex and wirking cap etc. How much fund do you believe they need to build and ramp up Stage 1 into first shipment sales revenue? Where do you think that funding is coming from?

Thanks in advance.

Expand

Seeing that you have not read company announcements detailing funding options going forward start by reading the following…….

Half Yearly….page 23. 2024

Feb 1st …..page 1. 2024

Quarterly 31st Jan 2024. Pages 3 and 5

FACTS ARE IMPORTANT.

OPINIONS are fine as long as you can support them with facts.

Even the Euroz report mentions funding options.

Last edited by Alexandria07: 15/03/24

LIN Price at posting: 12.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.6¢		Change 0.000(0.00%)		Mkt cap ! $100.0M

Open	High	Low	Value	Volume
8.9¢	8.9¢	8.6¢	$181.5K	2.098M

Buyers (Bids)

No.	Vol.	Price($)
1	536391	8.6¢

Sellers (Offers)

Price($)	Vol.	No.
8.8¢	69652	1

View Market Depth

No.	Vol.	Price($)
1	536391	0.086
5	398000	0.085
5	146210	0.083
1	25000	0.082
2	70000	0.081

Price($)	Vol.	No.
0.088	69652	1
0.090	322538	1
0.092	545000	4
0.093	150000	2
0.095	171256	2

Last trade - 15.58pm 18/07/2025 (20 minute delay)

LIN (ASX) Chart

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