LIN 4.55% 11.5¢ lindian resources limited

LIN has had good runs in the arvo previously.. might see some...

  1. 513 Posts.
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    LIN has had good runs in the arvo previously.. might see some interest later on from asia markets. does feel like buyside is building nicely though.

    This should be the turning point and gives the market clarity on project economics. From what it appears, the revenue/ebitda metrics are based on the low NDPR price of US50/kg? So this doubles if it makes it back to 100/kg - am i right?

    Also general market conditions appear to be improving, there has been more talk of NDPR prices bottoming out and that producers have been rejecting price decreases. No one is profitable at this low end (except LIN?). But LIN also needs downstream producers to be profitable in order for them to take LIN's product.
 
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