LIN 4.55% 10.5¢ lindian resources limited

I did have a quick look at LIN for a client about two months ago...

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    I did have a quick look at LIN for a client about two months ago and I was not overly impressed. Yes they do have some good grades but they are very variable. The low U & Th is attractive, but will still need to drop them out on site or run into the same problem that the proposed Peek refinery had. LIN still have a huge amount of work to do before they are anywhere near the point where they can even come up with an Ore Reserve. Also being landlocked in Eastern Africa will present its own set of logistical / political / security problems !
    Last edited by ChinaSyndrome: 23/05/23
 
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