LIN 0.00% 9.9¢ lindian resources limited

Why are shares dropping?Lot of traders and CR clients waiting...

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  1. 2ic
    5,923 Posts.
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    Why are shares dropping?

    Lot of traders and CR clients waiting for this news to sell into, was obvious 'good news pump'
    Down day on market
    Disappointing grade (2.19% vs 2.5% vs Deep hole avg 2.7%) on expected tonnes
    Hard to get a read on high-grade subset distribution, MRE section scale is a joke (0-0.5%, 0.5-1%, 1-1.5%, 1.5-2%, 2-5%, >5%)
    Obfuscates the detail of what tonnes where is around the obvious small >5% starter pit (why would they do that, def deliberate)

    https://hotcopper.com.au/data/attachments/5477/5477249-d6ab7ea6819551eca5545cc9ce6fbc2e.jpg
 
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