Agreed. You could almost tick the gold box with our holding of...

First 17 Last

Share
Profile

Follow
TeachM

445 Posts.

66

28/03/24

11:42

Post #: 73101264
Share

Originally posted by UFX: ↑

There are a few articles now that I've read about the REE dilema. It's amazing how fast cycles, supply/demand and price suppression can change sentiment. It was only a year ago that LNR holders were hopeful of good Gascoyne results and both DRE and HAS were buoying expectations. You only have to look at the shitty mess both HAS and DRE are in to see how wrong LNR's aspiration's were.

HAS on the outside looks good and advanced, but with its declining market cap and the raising today you have to wonder. It's essentially put all the eggs into its REE basket and I hope it works out for them somehow. DRE has as good REE credentials but not as advanced on the production timeline. It noticed the warning signs of the dipping REE and have tried to counter it with exploration of Nickel, platinoids and Gold. So far nothing brilliant has come off for them with this diversification but as always with exploration, there is hope. AR3 have REE only and are suffering big time. All the while the clock is ticking and new good discoveries are found in other countries with much cheaper labour.

I think LNR can learn a great deal from seeing what is happening to these companies regarding REE. IMO, diversifying as much as possible is the key. If LNR have to do a yearly spend on exploration on all the other properties with the exception of the new Lithium play, I'd be a little disappointed if they persist only with REE exploration.

Expand

Agreed. You could almost tick the gold box with our holding of Tolu shares. I believe drills are turning soon over there.

LNR Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

BOE

$550 million Jabiluka uranium offer comes unstuck as Government rules lease won't be renewed

PAM

PAM secures high-grade Chilean copper play in strong territory

AZL

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

BIO

Biome unveils three year revenue target up to $85M – but are 3Y targets enough to excite?

IVZ

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

First 17 Last

Add LNR (ASX) to my watchlist

(20min delay)
Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $9.774M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$20.80K	5.731M

Buyers (Bids)

No.	Vol.	Price($)
57	74012014	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	5580822	6

View Market Depth

No.	Vol.	Price($)
57	74012014	0.003
33	23214000	0.002
11	63190000	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	5580822	6
0.005	23707151	26
0.006	11827569	15
0.007	11020902	14
0.008	4989729	8

Last trade - 16.10pm 29/07/2024 (20 minute delay)

LNR (ASX) Chart

Agreed. You could almost tick the gold box with our holding of...

$550 million Jabiluka uranium offer comes unstuck as Government rules lease won't be renewed

PAM secures high-grade Chilean copper play in strong territory

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

Biome unveils three year revenue target up to $85M – but are 3Y targets enough to excite?

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Agreed. You could almost tick the gold box with our holding of...

Top Stories

$550 million Jabiluka uranium offer comes unstuck as Government rules lease won't be renewed

PAM secures high-grade Chilean copper play in strong territory

Brine and shine: Arizona Lithium wins early stage eco approval to commence wellpad #2 at Prairie

Biome unveils three year revenue target up to $85M – but are 3Y targets enough to excite?

Invictus banks US$5M from Zimbabwean investment fund in support of Cabora Bassa

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News