LML 7.69% 0.7¢ lincoln minerals limited

Nice Video.. Completely agree DrSwing.There was a nice reference...

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    Nice Video.. Completely agree DrSwing.
    There was a nice reference to Kookaburra Gully Extended, 100 Holes 70% hit Graphite and no Resource Estimate.
    Drilling to the north before Christmas at Kookaburra Gully also referenced. Contains some of the best graphite hits and some results that have never been added to their resource estimate. My rough estimation is that drilling at the northern end of Kookaburra Gully will probably increase the resource by around 20% but the grade, and overall economics will be improved significantly, by the higher grade found at the northern end.
    We are in at the grass roots. With the planned drilling we will be overtaking Quantum Graphite in terms of Mineral Resource Size, and their Market Cap is now $230M. Our Market Cap is 1/20th of that... Apples for Apples that's 14c per share
    We are totally undervalued in comparison to our peers.

    So when you look at the road ahead to increase our exposure
    Noosa Mining Conference
    Extension Drilling Campaign starting at northern end of Kookaburra Gully which should reveal some spectacular grades
    Drilling Kookaburra Gully Southern end (Resource is open at Southern end and follows E&M Signature, so reasonable to assume deposit continues.)
    Further Drilling at Koppio
    More drilling at Kookaburra Gully extended
    Maiden JORC Reserve for Kookaburra Gully Extended. This has 140 holes drilled in total.
    Feasibility study to be released.
    After all of that management have indicated they are already looking at finance options for developing the mine.
    Imagine the share price if they get access to say a Green Bond, or a Government Critical Minerals Loan.

    As the graphite market hots up this tiny company could really go off like a frog in a sock
    Last edited by hcraboc: 08/11/23
 
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