LNR lanthanein resources ltd

Ann: Lanthanein Placement Raises $2.2M for Lady Grey Exploration, page-28

  1. 119 Posts.
    lightbulb Created with Sketch. 59
    Just to throw in my two cents about what has happened.
    -Trading at 0.3c with a glimmer of hope that something hides next to Earl Grey.
    -Soil samples are completed and oh shit there's arrows pointing towards a second major mineralisation event
    -Trades up to 0.5c
    -Excess volume is picked up and starts to tick up to 0.6c then the sale side thins
    -hits 0.8c
    -Oh shit, there's not enough space for mates and directors to fill their pockets
    -Cap raise

    Future guess
    -trade around 0.5c to overturn shares
    -sale side thins out
    -on we go again to fair value of 1c-2c pre drill

 
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