LIN 0.00% 11.5¢ lindian resources limited

LIN will definitely reward your patience sooner or later!

  1. 154 Posts.
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    Lin just need some patience, I guess there are a lot of interesting stuff are coming, lets just compare simply with LYC and ARU.

    LYC:
    Market cap: $5.6bil

    Resource: 55.4Mt @ 5.4% REO


    ARU:
    Market Cap: A$416mil

    Resource:56Mt @ 2.6% TREO

    Remark: recently received $850m from government




    LIN world class rare earth project and bauxite project
    Market cap: A$132mil

    Resource: 261 Mt @ 2.14% TREO, intercepts 1,000m grading 2.6% TREO and Hole ends in high grade mineralisation, the resource can be updated to 1Bt resource??

    Remark: China Shenghe agreed to buy a 19.9% stake in Peak Rare Earths for A$39.25m and Shenghe also give ~$20m to acquire 75% interest in VML's Wigu Hill project

    https://hotcopper.com.au/data/attachments/6265/6265073-2f0a30267d3969e7955ef818d1b8508b.jpg
 
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