LIN 0.00% 9.8¢ lindian resources limited

Ann: Voluntary Suspension, page-9

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  1. 4,608 Posts.
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    The company does not have sufficient funds on hand to pay out Sanner and development of the REE project. It will be a massive financial ask from shareholders. Plus it will need cash when the time comes for the Guinea bauxite projects.

    Note also LIN does not have a technical team to proceed with the project. Yes it can recruit.

    Because of the above I am of the opinion (not fact based) that a seperate listing and JV partner may be the best option for LIN to pursue. We may get some insight next week. Whatever route is taken it will be a win win for both the company and us shareholders.
 
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