LIN 9.52% 11.5¢ lindian resources limited

I would agree its not in their plans Ryan to do downstream...

  1. 485 Posts.
    lightbulb Created with Sketch. 363
    I would agree its not in their plans Ryan to do downstream processing the point is it still has to be done and that will cost a lot of money whoever does it and that affects the viability of hard rock deposits in general depending on the extraction capabilities of the downstream producer., LIN has good grades and little radioactivity The other point is that the ionic clay deposit does not have that cost component, and that is why MEI are being claimed to be world's the best ionic clay deposit. it doesn't need the level of processing that LIN does, when costs matter the ionic clay deposit with high grade and good metallurgy wins out over hard rock, that's why people that post on here should not compare MEI to LIN
 
watchlist Created with Sketch. Add LIN (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
0.010(9.52%)
Mkt cap ! $132.5M
Open High Low Value Volume
10.5¢ 11.5¢ 10.5¢ $161.2K 1.516M

Buyers (Bids)

No. Vol. Price($)
2 1942 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 465936 7
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
LIN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.