LIN 0.00% 11.0¢ lindian resources limited

then $250 billion on deep drilling open down dipif its not...

  1. 7,724 Posts.
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    then $250 billion on deep drilling open down dip

    if its not valued at 3x todays price or even 2x within 6 months what would you consider the main proble with the project besides soverign risk which the Chairman put to bed in a tweet a while back.

    the selling isnt going away anytime soon and the next announcement on drill results will likely end in another sell down, MRE might even be seen as a "who cares" moment as this pattern simply continues along its merry way.. as were the METs results the MRE isnt exactly going to be like an unexpected bonanza of REE so will the market walk away leaving any and all momentum up to binding agreements and up front cash payments to secure product?

    Alistair made it clear the pathways to cash were a solid six months away and MRE news isnt exactly going to create a massive unexpected feeding frenzy because everyone already knows what its gonna be like.

    i am now thinking this stock wont move until the next round of funding is cemented in place, just like the last rise from the mid 20s.. that didnt come until after the small private funding deal combined with many presentations video interviews and METs

    how we are not even 50c yet after all of the newsflow and promoting has so many questions its not funny but for whatever reasons it seem extremely important for someone to mke hell sure this stock remain bogged and dead





 
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