LIN 5.71% 9.9¢ lindian resources limited

Ann: Maiden Mineral Resource Estimate 261MT at 2.19% TREO average, page-131

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  1. 4,586 Posts.
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    Did the Malawi risk change overnight because of the MRE?

    Did RIO not do its Malawi due diligence before investing in the Aust/Malawi project last week?

    Have you kept abreast of recent Malawi Govt initiatives and discussions re mining?

    Are you aware of the status other Aust companies and Canadian companies with Malawi projects?

    The shareprice is currently dominated by manaipulators/traders. Happens to many ASX listed companies. Lindian has no control over the traders. Both Asimwe and Alistair are disappointed with the market reaction as any director would. However it will not deter ongoing development work and off take agreements creating wealth for Malawi Govt, Malawi Communities and Lindian Shareholders.
 
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