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11.0¢ lindian resources limited

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Kamikazebear

663 Posts.

66

24/05/24

20:11

Post #: 74001326
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Originally posted by 2ic: ↑

Don't know about that grind size you got too... kanga is hard rock needs grinding, beach sands are liberated, washed and size sorted by nature

have attached from asx announcement

66-70% treo and will improve as the operations progress... Met Update clearly failed to get better than 70% recovery to avg 60% con

the radionicules gave benn touted as less than a banana or glass of water so yes they will be concentrated but not to extent of other deposits... the banana analogy was vs carbonatite rock, not a mon-con, and certainly not the concentrated U&Th concentrated during the Re seperation process

share price reason would be all you have previously mentioned just look at MEI share price has halfed sin FEB... well, my thesis is LIN's fall is half RE price bear market, and half negative capex and Cr surprise?

most Chinese refineries can crack the monazite then they but and sell to Russia and we'd never know... 90% of RE is ex-China, only LYC and shortly ILU cracks monazite outside China atm

the way I see it is lindian will offer the West the deposit if they don't budge its business and they sell to the Chinese whether offtake or takeover.. get an auction going before to many ugly dilutionary CRs is my preference

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LIN Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 11.0¢		Change 0.000(0.00%)		Mkt cap ! $126.8M

Open	High	Low	Value	Volume
11.0¢	11.0¢	10.5¢	$20.72K	189.3K

Buyers (Bids)

No.	Vol.	Price($)
6	512766	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
11.0¢	635713	7

View Market Depth

No.	Vol.	Price($)
6	512766	0.105
6	365001	0.100
3	227000	0.098
3	251000	0.097
2	210000	0.096

Price($)	Vol.	No.
0.105	40000	1
0.110	631382	8
0.115	302133	8
0.120	398708	11
0.125	471402	5

Last trade - 16.10pm 25/06/2024 (20 minute delay)

LIN (ASX) Chart