Lole haven’t acquired FNT yet. I would also expect that the MRA wont be happy with Lole selling out after just being awarded the mine. The previous owners tried flipping it for a profit and failed. Yes, LNR sold for way loo low. Lole were prepared to spend $200M revamping the mine and we sold for $2m. Joke. What worries me know is if the sale doesn’t go through we will need to get back over there to do our due diligence or we will loose the lease. If they had of run the drill campaign they would have propped up the Sp whilst setting up the REE leases and then sold at a higher price as our JORC would have increase. We will just have to wait now and see what happens.
GD
Ann: Lanthanein Completes $1.75M Placement, page-121
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LNR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.330M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 6528282 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 35508560 | 27 |
View Market Depth
| Last trade - 16.28pm 09/08/2024 (20 minute delay) ? |
| LNR (ASX) Chart |
Day chart unavailable