LIN 1.79% 13.8¢ lindian resources limited

Ann: LINDIAN SIGNS SUPPLY AGREEMENT FOR GUINEA BAUXITE, page-19

  1. 3,948 Posts.
    lightbulb Created with Sketch. 927
    370m$au / year potential from the Bauxite with customer prepayments to cover development costs!

    Bauxite if it can generate some substantial free cash flow means that can potentially be used to help develop the rare earths project which also may get prepayments down the track once the MRE defined etc.

    Combine the two projects and some major revenue potential with minimal dilution to get there?

    I wonder what LIN should trade at based on AUD$370m/yr from the Bauxite alone when you consider marketcaps are many multiples of ebitda/revenues.
 
watchlist Created with Sketch. Add LIN (ASX) to my watchlist
(20min delay)
Last
13.8¢
Change
-0.003(1.79%)
Mkt cap ! $164.2M
Open High Low Value Volume
14.0¢ 14.5¢ 13.8¢ $81.91K 582.5K

Buyers (Bids)

No. Vol. Price($)
7 329350 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 243602 3
View Market Depth
Last trade - 15.36pm 08/07/2024 (20 minute delay) ?
LIN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.