LIN 3.70% 14.0¢ lindian resources limited

Euroz have upped their Target. I expect this to change again in...

  1. 12,600 Posts.
    lightbulb Created with Sketch. 2564
    Euroz have upped their Target. I expect this to change again in the next few weeks!!

    upload_2023-5-12_15-48-41.png


    LIN has released assay results for a further 16 RC holes drilled at the Kangankunde Rare Earths Project (KREP).

    Drilling continues to intersect significant intervals of high grade rare earth mineralisation from surface, which is yet to be constrained by drilling at depth. Drilling in the southern area of the central carbonatite has returned 100m at 3.4% TREO from surface, while the Phase 2 drill program has progressed ahead of our expectations with ~900m of the first of two 1,000m DD holes now complete.

    Our updated valuation increases to A$0.81/sh on an unrisked basis, with model risk weighting to be re-assessed as key project milestones are delivered in the medium term
 
watchlist Created with Sketch. Add LIN (ASX) to my watchlist
(20min delay)
Last
14.0¢
Change
0.005(3.70%)
Mkt cap ! $161.4M
Open High Low Value Volume
13.5¢ 14.0¢ 13.5¢ $131.6K 959.3K

Buyers (Bids)

No. Vol. Price($)
7 327516 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 220259 4
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
LIN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.