LIN 3.85% 12.5¢ lindian resources limited

Alistair is adding value but what about Asimwe and funding?

  1. 173 Posts.
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    Alistair seems to be doing a good job with the drilling and pilot plant work (congratulations definitely due) but what about Asimwe?

    Various posters here have suggested that the buying is suppressed because there'll be a CR.

    Of course, then only a few days ago Alexandria jumps straight to a strong CR denial and quotes various recent statements from Alistair/Asimwe as proof.

    Then, yesterday, 2ic posts that he thinks there'll definitely be a CR as $20m cash for the pilot plant is wildly optimistic.

    Alexandria then bends with the wind (again) and posts directly in reply: "Finally, some words of wisdom"!

    The real point here is that shareholders need some visibility about the constant mgmt claims that a CR is unlikely as there are (supposedly) many funding options now available.

    2ic doesn't think that monetising the bauxite will do it, so if he's right then what?

    Asimwe?
 
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