LNR 0.00% 0.3¢ lanthanein resources ltd

Ann: Trading Halt, page-68

  1. 448 Posts.
    lightbulb Created with Sketch. 68
    In my opinion I believe buying into the lease in this manner is a way of limiting risk and immediate cash burn for the following reasons:
    - The original owner maintaining 30% provided the incentive for them to let go of the lions share
    - Amount of cash required up front is reduced
    -Provides the opportunity for them to pull out if the results aren't great which further strengthens the second point.

    I encourage you to read the announcements and not follow other posters blindly - which you have admitted by stating you didn't read the announcement.

    Now just to get my thoughts straight:
    - You don't read the announcements
    - You don't own the stock
    - You don't post original arguments or ideas like other non-holders (I support open discussion from non-holders)
    So what's your reason to continue posting?

 
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