LNR lanthanein resources ltd

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-6

  1. hoa
    18 Posts.
    lightbulb Created with Sketch. 54
    So they have $1.4M cash + $0.5M cash receivable + $1.5M worth of stock (TOK) = $3.4M

    and SP was pushed to $0.002 where MC was just $4M, EV was just $0.6M, which is laughable given the potential of finding a Godzilla lithium deposit with all the infrastructures nearby a 189Mt @ 1.5% Li2O lithium mine.

    And the soil sampling result is even better than Earl Grey's.

    And given the expertise of AZS chairman as the Technical Director here...

    I don't think I can find an investment with a better risk/reward.

    IMO & DYOR
    Last edited by hoa: 24/04/24
 
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