LNR 25.0% 0.3¢ lanthanein resources ltd

Ann: Maiden Mineral Resource Estimate at Lyons Project, page-11

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  1. 6,293 Posts.
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    We need a farm in partner. Preferably one of our neighbours ( Hastings or Dreadnought) given the experience AND SUCCESS they have had next door to us. Give them 30- 50% equity in the lease with a commitment to fund $ xx within a set time frame to continue the exploration. . Right now either we get diluted out of existence to raise more cash or we partner at 50% or so Right now a retained 50% of possibly something far better beats hands down 100% of virtually nothing which is what we have right now. Re the exploartion so far, for the life of me its hard to understand why we have multiple carbonatites and REE ironstones same as our neighbours and within a stones throw from us , and with with Dreadnought searching for more carbonatites, whilst we get only very mediocre REE hits on our lease. Are we testing the right locations ? This is where we need the expertise of our neighbours and to use the geophysics tools they have used ( if not already)
 
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