LNR 0.00% 0.3¢ lanthanein resources ltd

Ann: Gold, Copper & Nickel Soil Anomalies at Lady Grey Project, page-57

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  1. 11,097 Posts.
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    The issue is you can't discuss resource with any accuracy because as of the very moment there is little here that can be discussed because of the lack of any meaningful exploration, hence why so much is discussed on heritage clearances and their time, effort and expense, and of course the farm in because at present LNR must spend $10m for a 50% stake in the lease, money LNR do NOT have at present.

    This is why the discussion is on what we do know, and also we do know of the huge amounts of shares issued ay 0.003 and 0.0045 and so the discussion has been on that too and INYATI and their links as they are the ones and clients getting these shares and who knows what the heck they are doing with them.

    This is why the SP continues to be sold into "0.005 and once that is cleared i believe 0.004 and then the magic number 0.003 and then probably another CR for more cash to finish heritage clearances and plan a drill campaign for end year early next year in my opinion.

    Sad but thgis is the exploration space where a company lacks funds and raises under half a cent.

    End result very big dilution for holders as they are not partaking in the 0.003 and 0.0045 capital raises.
 
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