LIN 0.00% 11.5¢ lindian resources limited

121 Mining Investment Conference South Africa2024, page-10

  1. 233 Posts.
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    I wouldn't be too hung up if things take a little longer as they have been going at a cracking pace thus far and there's always something unexpected that gets in the way. I would expect Dumaguete to take any delay as a positive as he has been rather critical of how fast
    the project has been progressed and the met results are integral to the FS.
    The Feasibility Study is quite a bit of work and I prefer the document to be of good quality rather than rushed to meet a deadline. Its a big long term project and as Alexandria says, the resource isn't going anywhere (although I do like the thought of cash in my pocket sooner rather than later).

    You are right though, the document doesn't give a date for when Alistair provided this information and it may have been made 3 months ago and we may still get the FS on time or close enough to it. Either way, I feel that interest will return to this sector soon enough and unless someone wants to back test for stop losses, I believe we have seen the worst of it as the end of the tunnel is very slowly but surely coming into sight.

 
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