Earlier this month when the CEO was asked.... What do you think...

Earlier this month when the CEO was asked....
What do you think makes your company such a compelling investment?


The response was.........

Lindian will commence construction of the Kangankunde Rare Earths Project in Malawi in 2024. After commissioning and ramp up, the plant is designed for production rates ranging 10,000 to 12,000 tonne per annum total rare earths in mineral concentrate. At current market prices for concentrate, where market prices for rare earths are subdued, the project could generate US$65M to US$75M in revenue per annum but this could rise to in excess of US$120M per annum if rare earth prices return to the 2022 average when the price for NdPr was over US$100 per kilogram. The strong outlook for rare earths prices used in magnets for carbon abatement technologies, positions the Company to take advantage of future market dynamics.

This is the reason why many of the 2,500 shareholders invested in Lindian Resources and are happy to wait until production commences.