LIN 0.00% 11.5¢ lindian resources limited

July Trades, page-58

  1. 4,045 Posts.
    lightbulb Created with Sketch. 951
    Looks like maybe DRE was trading at about a 400m mc when over 12c - today about 6c & 200m mc and their maiden resource released at the end of last year looks like it was 14.36Mt @1.13%

    LIN's maiden MRE should be something like maybe 250Mt @ 2.5% in which case LIN's marketcap should maybe end up many multiples of DRE based on these current pending MRE comparisons only..

    Anyway LIN is comparing itself more so to multibillion companies LYC and MP Materials - Mountain Pass so once the MRE is out we are start doing some comparisons there..




 
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