LNR lanthanein resources ltd

That’s a stupid question and you know it. Management were in a...

  1. 5,144 Posts.
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    That’s a stupid question and you know it. Management were in a hell of a jam as previous drilling results didn’t come in as we all had hoped. Current situation not great but can you please suggest managements alternatives were to raise capital at the drop of a hat. They had 2 options fold and shut up shop or take the offer put on the table by the brokers. Fortunately they landed themselves a very useful lease and any sniff of good drilling results this will skyrocket.
    I would be interested to know what alternative funding was available to management. A SPP to existing shareholders would have had limited to no success which is understandable as most are sitting on substantial losses. It’s extremely difficult on current shareholders the current situation and rubbing there nose in it is pretty ordinary so how about you leave them alone. I just wish a miracle happens and it goes to 10 cents and everyone makes money as this stock been a roller coaster ride the 18 months I have been following it
 
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(20min delay)
Last
0.1¢
Change
0.000(0.00%)
Mkt cap ! $2.810M
Open High Low Value Volume
0.1¢ 0.1¢ 0.1¢ $90 90K

Buyers (Bids)

No. Vol. Price($)
37 38348663 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 64584002 54
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Last trade - 13.23pm 27/06/2025 (20 minute delay) ?
LNR (ASX) Chart
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