LIN 4.55% 10.5¢ lindian resources limited

Let's guess when will Ann come

  1. 287 Posts.
    lightbulb Created with Sketch. 12
    today's SP end is not good, have to say. Could due of RBA hold on rate and the no news.

    Liners is waiting, and no one knows how long and how good, but I have faith

    IMO DYOR

    I know little of mining, please correct me if you not agree my guess.

    Let's have a roughly simulation of drill processing.
    18/12/19 dozer is still on it's way and drill not happen yet.

    13/01/20 I guess drill start from this day, two days for drill. the dozers took a fairly longtime to make a fairly drivable road.

    anybody know 2 days for drill two half holes should be enough? purely my amateur guess

    15/01/20 the first result anned. they use XRF and anned asap.

    there are 28 days in between. christmas and new years included. let's count they have 4days off for each week and 3 days for christmas and new year, which is the least I guess. then they have 21 days to work. which dozer took 19days ish to make road and drill for 2days.


    16/01 they drive back to fetch more gears

    18/01/20 return I guess

    19/01/20 start drill again

    4/02/20, and today is 17 days form 19/1 and take 3days of rest off, they have 14 days to work.

    My point here now

    they drill each hole between 30 to X meters in three days ,and five holes took 15 days to finish one by one.

    as the rock like conglomerate need some trick and time.

    15-14 is 1, and they may XRF to check as well in no time.

    if so then ann tommorow??? on 5/2

    but if they took more days off and return gears later, or drill took longer, maybe next monday then.

    Let's guess please, let me know what you think.
 
watchlist Created with Sketch. Add LIN (ASX) to my watchlist
(20min delay)
Last
10.5¢
Change
-0.005(4.55%)
Mkt cap ! $121.0M
Open High Low Value Volume
11.0¢ 11.5¢ 10.5¢ $212.3K 1.944M

Buyers (Bids)

No. Vol. Price($)
7 725733 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 141200 3
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
LIN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.