I agree, the drill bit does not lie. Stephens has talked up the geology but you have to back what he’s claiming. He spent a long time in Malawi, he’s studied this for many years so I am confident with what the drill but will yield. conservative guys like that don’t make quotes in ASX releases like the one today without reason.
Grub, would not be concerned about the share price pull back, it’s run hard and we are just seeing a bit of a clean out. I was chatting to a top 20 holder yesterday and his take is refreshing. Based on what we know today, it does not matter if the SP is 20, 25, 30 or 35, it’s the value that will be generated with the drill bit that will define what we are sitting on then we will find the SP at these levels is irrelevant. Kabunga is playing a smart game, we’ve got oppies converting to fund drilling and he’s taking his time to find the right type of money.
- Forums
- ASX - By Stock
- Ann: Major Drill Program to Commence at Kangankunde
I agree, the drill bit does not lie. Stephens has talked up the...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LIN (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $108.3M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 9.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.6¢ | 104317 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.093 |
2 | 15000 | 0.092 |
1 | 10988 | 0.091 |
6 | 406989 | 0.090 |
1 | 40000 | 0.089 |
Price($) | Vol. | No. |
---|---|---|
0.096 | 104317 | 2 |
0.097 | 71900 | 1 |
0.098 | 10752 | 1 |
0.099 | 74860 | 1 |
0.105 | 979209 | 8 |
Last trade - 07.00am 05/11/2024 (20 minute delay) ? |
Featured News
LIN (ASX) Chart |
Day chart unavailable