Based upon the 29th May announcement I anticipate next week the release of the JORC compliant resource statement for LIN’s Guinea Bauxite Project.
What an incredible achievement by management, consultants and contractors all within six months from the start of LIN’s drilling program. A job well done Shannon.
Once the JORC is released and details of the quality and quantity of the resource is known the Market will be able to calculate an approximate value of the company’s asset.
I anticipate that next week we should see the sell price recover lost ground and a re rating of the stock.
Based upon the 29th May announcement I anticipate next week the...
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $115.2M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.8¢ | $67.44K | 672.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1563 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 452518 | 8 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| LIN (ASX) Chart |