So now LIN has a substantial loan facility and 80m options currently in the money. No major concern on cash this Quarter. I imagine that once Takeoff agreements are signed off Sophisticated Investors will show their support as usual.
Many Top 20 shareholders have increased their holdings of late in anticipation of company success.
Progress is slow but happening. Hopefully not long to go for exciting news and rewards.
".....the Facility gives the Company the necessary financial flexibility in the coming months to continue advancing its three bauxite projects in Guinea. Interest from third parties including in-country bauxite mining and aluminium companies as well as traders and other off-takers remains encouraging and a range of project development strategies are being pursued."
Ann: $300,000 Loan Facility Secured, page-2
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $115.2M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $158.7K | 1.514M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 2214723 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 145533 | 3 |
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| Last trade - 15.26pm 02/10/2024 (20 minute delay) ? |
| LIN (ASX) Chart |