Pops, the problem is with the company. Major issues, very shady practices being uncovered. It started with the court case that they "were very confident about winning" which turns out they had no legs to stand on. Then the shady delays in drilling results while they were trying to find a single hole deeper than 10 metres (as everyone expected 30m+), and then we have the deliberate ommitance of unfavourable silica results from an announcement, MD resigning before a JORC (wtf?), VEN capital (chairman's cousin) sell down with a late notice as a sweetener, the chairman selling off his own tenament through KB bauxite guinea SARLU to the company which he and family/associates are by far the majority shareholders (LIN). It all keeps stacking on.
on a side note, the bauxite is great.
regards,
Cobra
Ann: Laboratory Confirms Stunning Alumina Grades, page-204
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Last
12.0¢ |
Change
-0.010(7.69%) |
Mkt cap ! $138.3M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 12.0¢ | $162.5K | 1.284M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 504207 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 54600 | 2 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| LIN (ASX) Chart |