LNR 0.00% 0.3¢ lanthanein resources ltd

This is just so typical of people who don't read announcements...

  1. UFX
    1,134 Posts.
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    This is just so typical of people who don't read announcements but only feed of posters and rumors. Can I remind you both that $1,500,000 deposit has already been paid for. $7,000,000 expenditure on exploration which is happening as we speak. 2 milestone payments of $500,000.00 if we get that far and an option to pull up sticks within 1st anniversary for a cash payment of $1,000,000 less any exploration expenditure to date of exploration which I'd imagine would end up not being not much. We all want exploration success so we don't want that, but it is there just in case, it is a duster.

    So where the hell do you come up with $10,000,000 expenditure now for the company like " Go straight to Jail, do not pass go, do not collect $200.00? This 50% is not a definite but if it looks good its an option. Unfortunately so much BS discussed about raises, with absolutely no exploration upside considered. Only consideration is a few pumps for the retail. Wow. This is an exploration with some potential. Have you guys even considered if some or all the options come in.

    Some numbnuts spruiked EMT as a great alternative to LNR for Lithium potential. IMO the Mother of all lifestyle companies for its board. I haven't seen anything quite like it before. No exploration except a handful of rock chip samples per year and probably about 30 quarters of funds for the board to run it dry.
 
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