There are a few positive of take aways from this announcement. Firstly Brian has mentioned the granite contact on the NW side the second time. Is there something of real interest there? Secondly, this is the 1st proper soils analysis of the entire area which seems to have very capable ability to pick up hidden anomalies. Lastly the Murraydium REE project step back which was a wise move. I've never been a great fan of this venture and especially now. I base this on that there is not a single intercept anywhere by any company, not just LNR that I've seen that compares to some of the better clay REE projects in the world. The biggest problem is the thicknesses of the Parilla sands units just don't compare.
I've noticed today that the vultures have swooped in big time to try to poison the minds. They have done a great job with one prominent holder. Seems these vultures with a 0.2 buy have potentially missed out.
LNR Price at posting:
0.3¢ Sentiment: Hold Disclosure: Held
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