Hmm i dont see this as a good investment if you are hoping for...

First 117 Last

Share
Profile

Follow
ScrambledEggs

810 Posts.

110

01/12/22

17:35

Post #: 65103917
Share

Originally posted by GDoggy: ↑

There is a lot going on here that we are waiting on and I'm hoping we don't have to wait until next year.
Maiden drill assay results. Any day but everyone will want their results before Xmas so who knows when they will arrive.
Have the two deep holes (200m+) been dug yet? How does the geology look? Have they been sent off to the lab?
When will the next drill round commence? Will they wait for assays or get straight down to it? They have identified 41 new targets. Have they started testing these yet? "Pipeline of future drill targets with multiple interpreted ironstone trends and carbonatites under thin cover still to be drill tested in Q4 FY2022 and Q1 FY2023" Should be drilling now.
What's happening at Mt Clere? "Lanthanein will commence a field reconnaissance program as soon as possible designed to identify and validate the potential of rare earth elements and lithium mineralization within the Mt Clere project area."
What's going on at Murraydium? The drill program is well overdue. Meant to start in October as I recall for 307 holes. Are they still collecting landholder data? I thought all permits were granted.

Seems as though we are in a holding pattern here. Hopefully a plethora of announcements in the next 2-3 weeks.

GD

Expand

Hmm i dont see this as a good investment if you are hoping for acquick turn around, my money is spare and is happy to wait accordingly. However i only saw the 6 metres thats gonna be best, the rest will be piss poor until they drill the 2 monsters carbonatites. They need to get off their asses as far as im concerned. Drill the carbonatites please!

Last edited by ScrambledEggs: 01/12/22

LNR Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply