I've got 2 other shares I follow closely/am invested in within this space.
One has been languishing for months and months while churning out good results. No market interest.
last week, they put out a presentation that detailed (amongst other things) what methodology they will be using for construction/exploration funding. Since then, the SP is gone up about 34%.
The other has been doing the same. Great results and potential, but no market interest until they make it clear where the next lot of $$ is coming from.
Lincoln are exactly the same. They could announce they've cured cancer and the market WILL NOT CARE until they tell you how they plan to pay for it.
In inflationary environments cash is king.
we are rapidly running out...
LML Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
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