Guinea is one of the largest global exporters of bauxite.
Demand is high for its product. The new interim Govt is supporting the industry due to royalty streams, jobs etc. Mining companies are not exiting but funding new projects.
Suggest you check out companies involved in the mining of Guinea bauxite and countries where it is distributed. LIN has quality resources at hand and good prospects for exploitation. Its a matter of negotiating agreements with whom may want our product. Shareholders/investors are waiting for news on agreements. Thats one of the reasons why the shareprice has not rocketed as yet. It's taking time but such is the nature of negotiating commercial agreements.
As you are not a shareholder there is no need for concern. Just keep an eye on developments and then consider.
Guinea is one of the largest global exporters of bauxite. Demand...
-
- There are more pages in this discussion • 110 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LIN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $144.1M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 13.0¢ | 12.0¢ | $76.72K | 613.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 624772 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 8304 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LIN (ASX) Chart |