LIN

2.00%

9.8¢ lindian resources limited

Ann: Updated Mineral Resource Estimate for Kangankunde, page-10

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Alexandria07

4,626 Posts.

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02/05/24

11:04

Post #: 73625925
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Originally posted by Alexandria07 ↑

Posters may recall that the shareprice downward trend commenced last August after the release of the long awaited MRE. Market expectations were not met and the slide continued till now. Check out last years MRE posts.

We move forward 9 months and we have a major upward MRE revision. LIN has a monster of a resource that will generate substantial profits. The question is ….will the market see the revised MRE as a positive factor or will it require more facts and projections?

I have a “gut feeling” that plant development contracts have been delayed and not issued as yet because something may be brewing in the background. USA funding agreements for other REE companies were subject to equipment/parts etc being made in USA. Could LIN be negotiating (America is Calling) funding? If so I expect a higher quality and more expensive plant to be built. May take longer to build than originally anticipated.

I have no facts to support my feeling.

Expand

The basis for my “gut feeling” is out there in announcements and video presentations.

Unlike some posters if I am unwilling to substantiate my comments I will state they are my opinions or I will say I have no facts.

I’m off to tennis competition now and may provide further comments later in the day.

Enjoy

LIN Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

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Last 9.8¢		Change -0.002(2.00%)		Mkt cap ! $112.9M

Open	High	Low	Value	Volume
9.5¢	9.9¢	9.5¢	$21.45K	221.2K

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No.	Vol.	Price($)
2	48703	9.8¢

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Price($)	Vol.	No.
9.9¢	100000	1

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No.	Vol.	Price($)
2	48703	0.098
1	105263	0.095
1	296523	0.093
1	100000	0.091
5	102318	0.090

Price($)	Vol.	No.
0.099	100000	1
0.100	332223	4
0.105	926921	4
0.110	273986	2
0.115	132891	1

Last trade - 14.29pm 15/11/2024 (20 minute delay)

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Ann: Updated Mineral Resource Estimate for Kangankunde, page-10

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Ann: Updated Mineral Resource Estimate for Kangankunde, page-10

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