LNR 0.00% 0.3¢ lanthanein resources ltd

Ann: High-Grade Rare Earth Discoveries Confirmed, page-291

  1. 3,708 Posts.
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    Going by what UFX posted we are looking at up to $350p/h and 10M per hour for 5000m so therefore $175,000 plus assays. At the Murraydium Rare Earths Project, there are 309 holes to be drilled. the AR3 drilling has been very shallow. If we say 30m per hole then that's 9270m/10=927h = $350 = $324k plus assays. I would say we have plenty of money for both programs. and more.

    On another note, HAS shares have risen from 5.2c in April 2020 to 29.5c in April 2022. That's a 5.6 fold increase. That would represent 18.5 c for FNT on current SP. Of course this comparison cant be made as they are two different projects but it does show potential for huge growth. I'd say that "IF" we get substantial assay results in WA that our SP will rise faster as investors get on board with HAS in mind. We also have multiple projects. Something to look forward to. My opinion only. DYOR

    https://hotcopper.com.au/data/attachments/4225/4225676-f16c3a5b17dab02eac9eb9868b419fe0.jpg
    GD
 
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