LIN 4.35% 11.0¢ lindian resources limited

July Trades, page-109

  1. 7,158 Posts.
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    Just read an article in mining news, look at this confidence from Alistair.. wow:

    ”Our MRE will probably contain a resource for a century of mining and the deep holes are there to assess that there could be multiples of centuries of mining, giving it real strategic importance in terms of the rare earths market."I anticipate the deep holes will be a ‘knock-your-socks-off' result," Stephens says, adding that the assays from the first hole are expected at the end of July and the second hole in September.Stephens believes Lindian's Kangankunde Project is a Tier One resource."The magnitude of the MRE suggests that we could expand this project from an initial 10,000t, to many tens of thousands of total rare earth production.""So not only is this project going to be a disruptor to the current supply chain dynamics, it is going an enabler of not just rare earths separation and refining, but of downstream magnets and electric motors manufacture. This giant of a resource will underpin these industrial developments," Stephens said.

 
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