LIN 0.00% 10.5¢ lindian resources limited

My understanding is that Lindian intends to obtain funds from...

  1. 4,585 Posts.
    lightbulb Created with Sketch. 500
    My understanding is that Lindian intends to obtain funds from two sources in order to build the plant, purchase equipment and pay for infrastructure.

    One source will be debt. I assume short term debt which will be repaid once production commences. The second source will be via a capital raising. The CR most likely will occur when the shareprice increases.

    We need to await an announcement to validate the above.

    In the interim I encourage you to view the latest LIN video presentation on YouTube ( Virtual Investor Conferences) conducted by Trevor Matthews.
 
watchlist Created with Sketch. Add LIN (ASX) to my watchlist
(20min delay)
Last
10.5¢
Change
0.000(0.00%)
Mkt cap ! $121.0M
Open High Low Value Volume
10.0¢ 11.0¢ 10.0¢ $203.1K 1.922M

Buyers (Bids)

No. Vol. Price($)
32 2191153 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 16067 1
View Market Depth
Last trade - 16.10pm 27/09/2024 (20 minute delay) ?
LIN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.