Neighbours down that road as at Sangredi have depleted their conglomerate bauxite, they have resorted to mining in-situ which is less profitable. If the drill results confirm we have a conglomerate bauxite deposit, LIN will be taken over, JV, strategic partnership or some other arrangement by CBG. It would be non-sensical for them not to agressively pursuit this path. Shannon has stated he would look for a "corporate exit strategy" to reward shareholders.
It isn't every day you come across these shares. I Jumped from PCK to NHL, now over to LIN. I believe LIN has the greatest potential upside, given the extremely low MC.
I hold 4 million shares of LIN and will certainly keep increasing that holding throughout the week coming forward. Not looking for a quick P&D here. Looking for this deposit to be defined in compliance with JORC. To sell before that is done would be immensely ignorant.
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11.0¢ |
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Mkt cap ! $126.8M |
Open | High | Low | Value | Volume |
10.5¢ | 11.0¢ | 10.5¢ | $80.72K | 760.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 156700 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 692756 | 7 |
View Market Depth
No. | Vol. | Price($) |
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1 | 156700 | 0.105 |
10 | 576291 | 0.100 |
4 | 297109 | 0.099 |
1 | 50000 | 0.098 |
1 | 10988 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 692756 | 7 |
0.115 | 60000 | 1 |
0.120 | 68893 | 6 |
0.125 | 20000 | 1 |
0.135 | 87760 | 3 |
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