LIN 0.00% 11.0¢ lindian resources limited

CAPEX chat, page-18

  1. 2ic
    5,782 Posts.
    lightbulb Created with Sketch. 4777
    Don't know about that grind size you got too... kanga is hard rock needs grinding, beach sands are liberated, washed and size sorted by nature

    have attached from asx announcement

    66-70% treo and will improve as the operations progress... Met Update clearly failed to get better than 70% recovery to avg 60% con

    the radionicules gave benn touted as less than a banana or glass of water so yes they will be concentrated but not to extent of other deposits... the banana analogy was vs carbonatite rock, not a mon-con, and certainly not the concentrated U&Th concentrated during the Re seperation process

    share price reason would be all you have previously mentioned just look at MEI share price has halfed sin FEB... well, my thesis is LIN's fall is half RE price bear market, and half negative capex and Cr surprise?

    most Chinese refineries can crack the monazite then they but and sell to Russia and we'd never know... 90% of RE is ex-China, only LYC and shortly ILU cracks monazite outside China atm

    the way I see it is lindian will offer the West the deposit if they don't budge its business and they sell to the Chinese whether offtake or takeover.. get an auction going before to many ugly dilutionary CRs is my preference

 
watchlist Created with Sketch. Add LIN (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
0.000(0.00%)
Mkt cap ! $126.8M
Open High Low Value Volume
11.0¢ 11.0¢ 10.5¢ $72.22K 665.7K

Buyers (Bids)

No. Vol. Price($)
5 515398 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 287937 7
View Market Depth
Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
LIN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.