LNR 0.00% 0.5¢ lanthanein resources ltd

Ann: Quarterly Cashflow Report, page-5

  1. 2,247 Posts.
    lightbulb Created with Sketch. 298
    to JJsby
    I'm with you mate on this.

    Assay results of trench sampling would be out soon and in my opinion, these would indicate widespread presence of very high grade gold.

    No doubt, terrain is very difficult and, it is very hard to set up drill machine to drill at the right angle. It is quite possible that drill did not hit the porphyry as expected. Peter M Neil has recommended geological mapping to delineate gold enriched porphyry zone

    Hope next phase drilling would be very exciting. Now, FNT owns drill machine and this would reduce drilling cost substantially. Please note-FNT has relatively less number of shares on issue. Another capital raising would not affect much.


    In my opinion, Swat Kia deposit is an outstanding deposit. There are not many deposit that show very high grade of Gold.

    Keep watching.....
 
watchlist Created with Sketch. Add LNR (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $10.99M
Open High Low Value Volume
0.5¢ 0.5¢ 0.4¢ $2.042K 446.0K

Buyers (Bids)

No. Vol. Price($)
13 8575500 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 18486611 26
View Market Depth
Last trade - 12.02pm 12/07/2024 (20 minute delay) ?
LNR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.