Assays due and only weeks away from the MRE where LIN'S project could well be confirmed as the best rare earths project outside of China. It could play out assays, then MRE (to about 300m) then assays for the two exploratory deeper holes to about 800m.
Also investors might be realising this doesn't have any overhang of large capex in the hundreds of millions being needed if indeed revenues from the Stage One Plant can be used to fund the larger Stage Two Plant. I think only about US$30m needed for the Stage One Plant?
Also given global rare earths demand there could potentially be a bidding war to provide pre-purchase sums of money for off-takes to secure supply from the US and Japan etc.. If that happens there may well be minimal need to raise any funds all the way through to Stage Two production.![]()
- Forums
- ASX - By Stock
- LIN
- A globally significant project
A globally significant project, page-142
-
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LIN (ASX) to my watchlist
|
|||||
Last
11.5¢ |
Change
0.010(9.52%) |
Mkt cap ! $132.5M |
Open | High | Low | Value | Volume |
10.5¢ | 11.5¢ | 10.5¢ | $161.2K | 1.516M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1942 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 465936 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7400 | 0.105 |
6 | 355001 | 0.100 |
1 | 202020 | 0.099 |
3 | 227000 | 0.098 |
3 | 251000 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 393900 | 6 |
0.120 | 588708 | 11 |
0.125 | 101402 | 2 |
0.130 | 198666 | 4 |
0.135 | 94400 | 4 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
LIN (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online