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4.17%

12.5¢ lindian resources limited

sorry pls useless?It is cash machine

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kdaly

465 Posts.

43

12/06/24

10:13

Post #: 74273041
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Originally posted by stockbluesky: ↑

I believe that most mining stocks are like this. First of all, the industry cycle is very important. we must choose the right industry. China restricts the export of rare earths. There is no problem for us to invest in the rare earth industry. For example, if you choose to invest in lithium stock at this stage, you will have big headache. No matter how good the project is, it will be useless. For example, PLS, WR1, SYA, etc.

The second consideration is the timing. Of course, we must enter this stock at the right time. Most people will choose the exploration period and the feasibility study report period. The stock will have larger upside potential during these stages. We have went thru the difficult orphan period. Next stage we will have a bunch of big news, such as feasibility study ( I asssume the report will be very bullish), plant construction, offtake agreements, etc. These announcements should usually make the company's market value reach more than $1 billion, but considering that our project is in Malawi, we give a 50% discount? That's also more than $500mil.

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sorry pls useless?

It is cash machine

LIN Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 12.5¢		Change 0.005(4.17%)		Mkt cap ! $144.1M

Open	High	Low	Value	Volume
12.0¢	13.0¢	12.0¢	$49.92K	399.5K

Buyers (Bids)

No.	Vol.	Price($)
12	549773	12.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.5¢	224920	1

View Market Depth

No.	Vol.	Price($)
12	549773	0.120
7	334000	0.115
6	425000	0.110
7	446111	0.105
12	581085	0.100

Price($)	Vol.	No.
0.125	224920	1
0.130	124077	3
0.135	50000	1
0.140	86428	3
0.145	289293	1

Last trade - 16.10pm 11/07/2024 (20 minute delay)

LIN (ASX) Chart