LIN 3.03% 9.6¢ lindian resources limited

Ann: Lindian Secures $9.0M Placement at 26 cents per Share, page-101

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  1. 9,034 Posts.
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    I am not anti Asimwe btw, I have spoken to him several times and I originally bought into LIN way back when he and Matt got control of the shell several years ago, and Asimwe was buying big on market at 0.002 and 0.003. I have seen all the projects come and go, and everything in between.

    It would be normal for large money investors to doubt Asimwe's ability to deliver (as Chairman) a project as big and important as Kangankunde appears to be, (hence the initial appeal of Alistair) and you don't need to be an insider to read all the reputational mug slinging that went on with Shannon over the behind the scenes dealings to first acquire Kangankunde. So questioning his capacity to steer LIN into share price success is fair accusation.

    The things is, it got to be about what's best for LIN shareholders. That's what'll attract big money. Alistair obviously agreed to the status quo as part of joining (Asimwe leading it the whole way) and I am not sure its working.

    Anyway I am just guessing. b/c what else could it be? I am not anti-Asimwe. I do know some about what goes on behind the scenes in general and specifically at LIN in the past.

    Question is will the company solve whatever the problem is and get things moving properly for shareholders?
    Last edited by sahmee: 28/03/23
 
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